In a world of apps and gadgets, consumers want products immediately. Competition is fierce in all trades – and the food industry is no exception.
GrubMarket is an app-based delivery and distribution service that provides fresh, affordable farm-to-table food to businesses and consumers across the U.S. As a start-up trying to break into a highly competitive marketplace, however, the company realized it would need a strong financial partner. East West Bank took the time to understand their vision of creating a sustainable and readily available food market and provided the financing they needed to expand their enterprise. GrubMarket’s partnership with East West Bank has allowed the company to complete several acquisitions of wholesale produce companies, bolstering their nationwide presence and positioning them as a major produce supplier.
Today, GrubMarket has gone beyond the role of a grocery delivery service – from advocating for smaller farmers to developing an educational video game, FarmBox, that allows players to run their own virtual farm. By pushing the food industry to make online grocery delivery a priority, GrubMarket envisions a future that eliminates food deserts all over the nation, making a sustainable lifestyle easy and accessible for all.
Our partnership with East West Bank has allowed us to meet our growth objectives and unique banking needs without worrying about the inconvenience that comes with rigid traditional banking systems, it just works.
