
Independent grocers as well as bodega and deli owners provide a special combination
of personalized service and hard-to-find items, such as ethnic and gourmet
foods, organic and locally grown produce, fresh meat and fish, and imported
goods. You also face unique challenges in a highly competitive industry, such
as encroachment of mass merchandisers and supermarket chains, less flexibility
to compete on price and volume, perishable inventory, personal and corporate
accounts. It can be a challenging balancing act.
What happens when a freezer breaks down and your corporate account receivables
are still 30 days out? The finance solution might be a loan packaged with
a deferred payment. With years of experience in the market, Eastern understands
what you’re up against. We can deliver financing solutions designed
for independent grocery retailers like you.
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