An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.
BevNET has confirmed that, after several weeks of activity that raised concern among individual clients, Ampla is selling off the company’s credit book and other assets as it fights to survive.
Read the full article here... https://www.nosh.com/news/2024/struggling-cpg-lender-ampla-up-for-sale-brands-face-credit-concerns
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