Case Study

Opportunity meets preparation.

Traditional lending institutions were not the silver bullet. GreenFruit chooses Silo to propel their product forward.

Man in a suit representing GreenFruit
Coming from the banking world, Silo's approach to underwriting is built for this industry. They helped us secure financing quickly, securely, and we’ll continue to partner with them.

Donald Carter

Chief Financial Officer at GreenFruit Avocados

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GreenFruit Avocados

When GreenFruit Avocados established their business five years ago, their team was determined to make a name for themselves in the avocado marketplace. By establishing a strong team with 10, 15, 20 years of relationships working with major retailers, they've built a team dedicated to doing 'the right thing' and as a result, have earned a top BlueBook rating, and the infrastructure to support and execute on their dream of bringing Colombian avocados to the forefront of the US market.


Newport Beach, CA

Team Size


Their Goals

To establish and manage a location in Texas while increasing productivity and awareness around their Colombian orchards.

Special ingredient to share

Bacon Guac Bombs provide every event with a burst of flavor. They are keto friendly, and incorporate one of the best healthy fats around. You guessed it–Avocados.

Step 1
In a large bowl, combine all guacamole ingredients. Stir until mostly smooth (some chunks are OK) and season with salt and pepper. Place in the refrigerator to firm up slightly, 30 minutes.

Step 2
Place crumbled bacon on a large plate. Using a small cookie scoop, scoop guacamole mixture and place in bacon. Roll to coat in bacon. Repeat until all guacamole and bacon is used. Store in refrigerator.

12 slices bacon, cooked and crumbled
For Guacamole
2 avocados, pitted, peeled, and mashed
6 oz. cream cheese, softened
Juice of 1 lime
1 garlic clove, minced
1/4 red onion, minced
1 small jalapeno (seeded if you prefer less heat), chopped
2 tbsp. freshly chopped cilantro
1/2 tsp. cumin
1/2 tsp. chili powder
Kosher salt
Freshly ground black pepper

When opportunity meets preparation, GreenFruit chooses Silo to propel their product forward.

The Challenge

As the market shifted on Mexican avocados, GreenFruit had an opportunity to expand their Colombian product through a retail partnership. However, increased prices created a financing challenge that created a potential blocker to GreenFruit fully executing on this market opportunity. Standard lending opportunities did not provide a solution that made sense for the business, leaving GreenFruit looking for out-of-box solutions.

The Solution

While banks were willing to provide GreenFruit with traditional financing options, Silo offered a more competitive rate based on their product and market potential. Through a quick, produce-forward review process GreenFruit was able to execute on a fast moving market opportunity. A combination of Silo’s funding and the GreenFruit Team’s preparation and hard work, secured new business with Big Box Retailers, launching them into a top position as a Colombian avocado supplier.

Because Silo is laser focused on the produce industry, their team took into account the seasonal patterns, industry trends, and the overall health of the business––not just last month’s books.

The Results

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Secured New Business

Secured profitable new business with well known big box retailers

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Top Supplier

Increased their position as a top supplier of Colombian avocados

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Increased Volume by 40%

Successfully increased Colombian load volume by 40%

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