Azadian Group provides $300K to Los Angeles-based e-cigarette manufacturer
/The company owns and manufactures several leading brands of e-cigarette, vaporizers, e-hookah and nicotine liquids and has achieved solid success on the West Coast. The company had developed a national and international expansion strategy and required working capital to implement their plan. Due to the nature of their business and the terms of sale to customers, they were unable to secure bank financing and were forced to consider taking outside investment, which would dilute the equity of the current owners. We were able to provide the necessary funding, secured by cashflow, inventory and intangible assets, allowing the company to expand its business without giving away future upside potential.