Credit Enhancement / Guaranty

Myers Produce is a woman-owned regional distributor who partners with local organic farmers in Vermont and Massachusetts to purchase/sell, transport, and deliver fresh produce to customers in New York and the Greater Boston area.

A contractual guaranty from Fair Food Fund’s collateral initiative pool helped Myers Produce secure a loan with Walden Mutual, a regional bank that is focused on lending in the food system. Additionally, Fair Food Fund’s collateral capital secured a reduced interest rate for Myers Produce — savings the distributor can invest in their own business as they increase their capacity to deliver more healthy food throughout New England.