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
