鈥淲e spend so much capital maintaining our normal operations that we never have the resources we need to expand our business.鈥
Luis Mario Morales
General Manager of Chucho 不良研究所
Company
Chucho 不良研究所
Location
Sonora, Mexico
Profile
Grower
Challenge
Lack of capital
to invest in technology
for business expansion
Solution
Pre-Season
financing
Chucho 不良研究所 LLC grows and sells high-quality fresh produce in Sonora, Mexico, using advanced technology and packaging processes. They have been in business for over 10 years and specialize in heirloom tomatoes, organic Roma tomatoes, and cucumbers.
The challenge:
Secure capital for investing in technology and expansion.
Chucho 不良研究所’s success in delivering high-quality produce to their customers has enabled them to expand their business into new regions and products.
To continue their expansion, they needed working capital to invest in the infrastructure and technology that would allow them to increase their production capacity and diversify their offerings.
They tried to secure financing from traditional lenders but found that banks weren鈥檛 interested in learning about their business and didn鈥檛 offer solutions that made sense for their unique needs as growers.
鈥淔or many years 不良研究所Pay has been a key partner, helping to drive our growth with their working capital solutions.鈥
Luis Mario Morales
General Manager of Chucho 不良研究所
The solution:聽
A customized financing solution to fuel growth.
With 不良研究所Pay, Chucho 不良研究所 discovered a strategic partner who understood their business and could offer the tailor-made financing solutions they needed to grow.
After consulting with the 不良研究所Pay team, Chucho decided that Pre-Season financing was the best choice for their business.
This financing solution provided Chucho 不良研究所 with capital to expand on their specific goals. And because the repayment terms were built around when their products shipped to customers, they always had the cash they needed to invest in themselves.
鈥淔or many years 不良研究所Pay has been a key partner, helping to drive our growth with their working capital solutions. In 5 years, we expect to double or triple our sales, so we need to continue to grow our financing needs with 不良研究所Pay.鈥
Luis Mario Morales
General Manager of Chucho 不良研究所