BUSINESS CAPITAL DELIVERS FINANCING FOR PREMIER FRUIT COMPANY
Business Capital has structured and delivered a real estate loan for Naumes, Inc., a family-owned operation that has been growing, packing, storing and selling tree fruit for over seven decades to domestic and international markets. Naumes, known especially for their pears, owns and operates over 3,000 acres of tree fruit orchards, several development properties, nine cold storage warehouses and a packing house in the western US. Customers include large retail chains such as Walmart, Costco, Sam’s Club and their sub-suppliers, as well as brokers, wholesalers and other commercial outlets. This financing facility was secured with property and will supply ample working capital to develop new revenue channels, insulate the company from seasonality, and continue to drive profits and growth.