Seafood companies historically run on high-risk, low-margin business models. So when the credit market plummeted prior to the recession proclamation, followed by restaurants folding and sticking lots of seafood companies for oodles of money, the industry has seen a fair amount of dire news. In January the Wapo Group in Monterey Park, Calif., filed for bankruptcy. That same month, Berry & Sons Seafood in Monroe, N.C., ceased operations.
CM Clothing Manufacturers recently signed a fulfillment contract for one of the largest sales catalogue companies in the nation. The reputation and customer base of this catalogue wholesaler are impressive and being able to establish a relationship with it guaranteed substantial growth for CM’s business.
CA Pineapple consists of an agribusiness firm which grows pineapple in Central America and exports it to the United States. The company has had long standing relationships with customers and a healthy sales growth but it wanted to increase its Nicaragua operation and needed immediate access to capital in order to buy pineapple as soon as it came to market.
One of Summar’s most rapidly growing clients came to us as a one-man enterprise.
Having worked in an electrical equipment installation company for some time, our customer felt that he could provide a better quality service than his employer could and therefore decided to set up shop on his own.