MM Local Foods, LLC Launches on Kickfurther to Raise Capital for Inventory Financing of Deal-Flow
Crowdfunding Campaign to Raise $180,010 in 18 Days or Less to Fund Their Inventory for Two Product Lines
DENVER, CO–(Mar 22, 2016) – Kickfurther, a leading inventory and invoice financing crowd-funding platform that connects companies and backers seeking qualified short-term deal financing, announced today it has partnered with MM Local Foods, LLC, a natural and organic food company that sells simply and naturally preserved produce, 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.
Click here to see offering on Kickfurther
Kickfurther is a leading inventory and invoice financing crowd-funding platform that connects companies with backers seeking qualified short-term deal financing. Our platform enables productive growth-oriented companies seeking capital to finance production to share their sales opportunities with backers interested to put their money to work in short term profit opportunities in the retail supply chain.
Businesses post offers by choosing the amount of inventory capital they need, the profit percentage backers will earn, and a projected timeline based on sales history. Since its 2015 launch, Kickfurther has funded more than $5.06 Million in 227 offers by more than 170 companies. Their backers have earned an average greater than 2% consignment profit per month on completed offers.
For additional information, please visit Kickfurther.com.
About MM Local Foods, LLC
MM Local Foods, LLC partners with local, organic farmers to make simply preserved fruits and vegetables that include pickles, fruit and live-ferments. Their products include peaches, pickled beets, and tomatoes, as well as spicy dill cucumber pickles and live-fermented sauerkrauts, kim-chis and hot sauces. The company sells its products through retailers throughout the Front Range and Rocky Mountain region. In 2015 MM Local launched MM PacificNW, partnering with Oregon and Washington farmers to preserve delicious, organic produce from the Northwest. MM Local Foods, LLC was incorporated in 2009 and is based in Denver, Colorado.
For additional information, please visit: www.mmlocalfoods.com.
A CommPro Worldwide PR Event
PR & Media Contact:
Matt Bird, CEO
C: +1 (646) 401-4499