When one of our friendly competitors asked us to go in with them to finance an artificial seafood protein company that needed a bridge loan, we were happy to help. This new company, with no track record and no real income yet, had a million-dollar idea and needed a helping hand. We were happy to help them land that fish.
Fish financing takes teamwork
When you’re not the old man with years of seafood experience, it’s hard to get a loan. Loeb teamed up with another company to turn a startup’s fishy ideas into nutrition reality.