From Miami to California: Cut Flower & Floral Industry Source for Financing
Did you know that California cut flower growers account for 75 percent of all domestically grown in the United States? Additionally, flowers imported through Miami supply approximately two-thirds of the flowers consumed in the U.S.
The industry generates 19,000 jobs and $2.4 million per day in salaries and wages in California and 6,100 jobs in Miami alone. This includes importers, bouquet companies, brokers, transportation, bulb and container suppliers, floral, greenhouses, horticulture suppliers, insurance, irrigation, seeds, tunnels, and much more.
All of these aspects of the cut flower industry contribute to about $6 million per day in total economic impact.
From coast to coast, Paragon Financial has been providing factoring and working capital to cut flower growers and the floral industry since 1994. All through our receivables financing, vendor guarantee, purchase order funding, and invoice factoring programs. Give us a call at 888-271-9347 today, fill out the form to the right, or chat with us.
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