Fft Podcast Jennifer Palmer

What the SVB Bank Collapse Could Mean for Food & Beverage Manufacturing

April 12, 2023
We’re back with financial expert Jennifer Palmer, who’s here to talk about the ripple effect of bank failures and how food and beverage manufacturers can stay prepared.

Jennifer, who is the CEO and Founder of asset-based lending firm JPalmer Collective, is a return guest to the podcast and she’s here to talk about how bank collapses – like the one that happened with Silicon Valley Bank in March – can have a ripple effect for food and beverage manufacturers.

We take both a macro and a micro-economics approach to understanding how bank collapses can affect both large and small food and beverage manufacturers. We talk about what processors should be doing when it comes to their finance partners before capping things off with a slew of tips for how to plan and prepare for financial emergencies.

Follow along by the time stamps below
Launch of new lending firm: 1:33
Understanding SVB Collapse 2:33
How a bank collapse impacts CGP Companies 4:02
Impacts on smaller food companies 6:32
Concerns for food companies 8:00
How can companies prepare 9:25
About the Author

Erin A. Hallstrom

Erin Hallstrom oversaw our digital content strategy for the Food Processing brand from 2008-2023. She is now the Associate Director of SEO Strategy for Endeavor Business Media, where she holds technical certifications in both website analytics and search engine optimization. Most recently, she was named the 2022 Marianne Dekker Mattera Award Winner

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