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 Om Mushrooms, a company in functional mushrooms.
“Functional mushrooms have become one of the most exciting growth areas in natural wellness, and Om has been ahead of that curve for more than a decade,” Jennifer Palmer, founder and CEO of JPalmer Collective, said. “Our flexible credit solution is designed to support Oms next stage of growth and help the team meet rising demand with confidence.”
The line of credit will help further the company’s goal to support personal well-being and help people reach their full potential through the power of organic, functional mushrooms grown with science, integrity and care.
“We are so pleased to be working with JPalmer Collective for our financing needs. Jennifer has consistently been an incredible partner, particularly during dynamic times,” Sandra Carter, co-founder of M2 Ingredients and Om Mushrooms, said. “She and her team always put in the work to dig deep, understand our business and channel details and serve as valuable advisors as we navigate growth opportunities. I look forward to this next chapter at M2 with JCP at our side.”
