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10-03-2018, 03:21 PM #1
- Join Date
- Mar 2015
- Location
- Rock Ridge
- Posts
- 3,453
Produce-PACA
Hey DF,
There is an art to financing a produce related company due to PACA. We understand this industry well and provide factoring and asset based line to produce companies national.
Here's how it can horribly wrong if you don't know what you are doing......
The U.S. Department of Agriculture has filed an administrative complaint under the Perishable Agricultural Commodities Act against Sunrise International LLC. The company, operating from Florida, allegedly failed to make payment to four produce sellers in the amount of $329,508 from September 2014 through January 2017.Hedley Lamarr......That's Hedley
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