JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-owned and -led and natural products companies, closed a $1 million line of credit to Floura, a female-founded company dedicated to delivering fiber-rich bars while fostering positive social and environmental impact.
“I’ve been a huge fan of Jeni’s Ice Cream — and Jeni Britton herself — for years. She’s a visionary who’s always been ahead of the curve,” Jennifer Palmer, founder and CEO of JPalmer Collective, said. “We see tremendous opportunity to partner with Jeni and her incredible team. As someone who believes fiber is the next protein in terms of nutritional trends, I’m thrilled about this product — it’s not just delicious, it’s genuinely good for you. I know this will be a huge hit, and I couldn’t be more excited for JPC to be a part of the incredible Floura journey.”
Floura will leverage the JPC line of credit to scale the brand and further its mission to revolutionize the fiber category. The company aims to address two challenges: the massive fiber deficiency affecting 95% of Americans and the 80 million tons of food wasted annually in the United States.
“We chose Jennifer Palmer and her team for their deep expertise, collaborative spirit, and unwavering commitment to supporting female-led companies,” Jeni Britton, founder of Floura, said. “I had the pleasure of meeting Jennifer when she hosted an Expo West panel discussion, ‘The Future of Natural is Female.’ We immediately connected on important issues of women’s leadership and sustainability and knew then that we’d find a way to work together in the future.”
