Kickfurther, inventory and invoice financing crowd-funding platform that connects companies and backers seeking qualified short-term deal financing, has partnered with MM Local Foods, a natural and organic food company to finance their inventory to support their expanded retail presence on the Kickfurther crowd-funding platform.
For this offer, MM Local Foods is looking to finance their inventory for two product lines: MMColorado Live-Fermented Krauts & Kim-Chis and MMPacificNW Fruit Spreads. Their Live-Fermented MMColorado products include their Spicy Kale Kim-Chi and Simply Kraut, all sourced from local Colorado Farmers. In addition, they are looking to scale up production of two additional kraut SKUs to strengthen their shelf presence including Green Chile Kraut and Kraut with Caraway. Their Live-Fermented product line is 100% raw and never pasteurized, allowing for naturally occurring lactobacilli bacterial communities and multiple beneficial enzymes that drive great health benefits, including support for digestion and immune health.
MM Local Foods' inventory offering goal is to raise $180,010 USD before the funding close date of October 16, 2016 to support sales in Whole Foods Market, Kroger, Natural Grocers and other leading natural and organic retailers. They are offering 13% profit to their backers over a projected 10-month term. This is MM Local Foods' 2nd campaign with Kickfurther after raising $22,000 in less than five minutes in their first offering in October 2015, in addition to paying off the offer more than one month early.
