One-stop shop for two services P.O. Financing and Factoring Line Client: A start-up discount retail food broker based in New York City Industry: Grocery Situation: The Company purchases overstock food items from large suppliers at a discount and re-sells them to discount stores such as Dollar Tree. By ordering in bulk and drop-shipping to his retail customers, he avoids the capital-intensive needs of a warehouse and crew. The owner had long ties to the food industry and had recently leveraged his large network of contacts at food sellers to launch this new company on his own. He had an opportunity ... Read More
