JPalmer Collective (JPC), an asset-based lending firm dedicated to supporting high-growth, women-owned and -led, and natural products companies, closed a $6.5 million line of credit to M2 Ingredients, the largest functional mushroom grower and supplier in the Western Hemisphere.
“It’s incredibly rewarding when a client chooses to partner with us again; it means our collaboration created real value,” Jennifer Palmer, founder and CEO of JPC, said. “M2 represents everything we are passionate about JPC: growth with purpose, a commitment to sustainability and leadership by women.”
The funding from JPC will support continued growth as the company furthers its goal of advancing health and wellness by supplying high quality, organic mushrooms.
“What sets JP Collective apart is that they always begin by asking how they can help grow the business. Their team operates with professionalism, urgency and total follow-through,” Andrew Hollngsworth, chief financial officer at M2 Ingredients, said. “That mindset made all the difference — we closed a deal together in just three weeks.”
