A booming salsa business gets financing to expand with help from the SBDC
Sally Potter and her family began producing their salsa in their home in Fossil.
When they realized they needed a bigger production facility, and the financing to make it happen, the Potters went the EOU SBDC.
With the help of the EOU SBDC, Sally Foods LLC put together all their financial documents, received a free and confidential financial analysis, and was partnered with a local lending program. Meanwhile, members of the company fine-tuned their business skills by attending free cash-flow management classes and visiting with the EOU SBDC Director.
Sally Foods LLC was successful in obtaining the financing needed to move into a new facility and purchase commercial grade equipment. Since moving into their commercial kitchen, Sally Foods LLC has continued to see increased sales growth.
“We appreciate the help the EOU SBDC was able to provide,” Sally said. “We were able to receive guidance on cash flow management and help preparing loan documents. These services helped us achieve our goal of obtaining a larger commercial facility that will help our business grow now and in the distant future.”