Legacy Corporate Lending Provides a $31MM Asset-Based Revolver to Natural Alternatives

Legacy Corporate Lending, an independent asset-based lending (ABL) company serving middle-market businesses across North America, has provided a $31 million asset-based credit facility to Natural Alternatives International, Inc. (NASDAQ: NAII), a leading formulator and manufacturer of customized nutritional supplements.

The financing package includes a $20 million revolving line of credit secured by accounts receivable, inventory, and machinery and equipment, replacing a smaller existing facility that no longer met the company’s growing operational needs. In addition, Legacy provided an $11 million real estate term loan to further enhance liquidity and support ongoing operations. The transaction closed on May 18, 2026.

“NAII was looking for a lending partner that could grow alongside us and support our continued expansion,” said Ken Wolf, President. “It quickly became clear that the Legacy team understood our business model and shared our long-term vision. We look forward to advancing our growth plans with their support.”

Lisa Adams, Managing Director at Legacy Corporate Lending, added, “NAII’s 46-year history of innovation and growth in supplement development is truly impressive. We are honored to partner with such a well-run and forward-thinking organization. Legacy is proud to support the company as it continues executing its strategic growth initiatives.”