New Natural Products Company? Whole Foods wants to loan you money.

Via on Dec 19, 2008

Whole Foods, teetering between everyone’s favorite green company and the Big Green Giant folks (including yours truly) love to criticize (nothing wrong, I should think, with being held to a high bar as long as you can top it)…has a unique, generous loan program intended to help small natural products vendors go big. The lastest recipient? Phil’s Fresh:

Boulder-based Phil’s Fresh Foods has just won a $96,000 loan from Whole Food’s Local Producer Loan Program. Phil’s is a wholesale, all-natural burrito manufacturer; its product is stocked by local Whole Foods, Vitamin Cottage and Sunflower stores, as well as some King Soopers. Selling at about $2.50 each, this is “not the typical frozen burrito,” says Phil’s Heather francis. “We make everything from scratch and we really focus on the ingredients and the best-tasting product.”

The company, which has plans to extend its national reach, plans to use the loan to to buy better quality-control machinery and move into a bigger space. Owner Phil Anson (pictured above) started the company in 2002; today it has over $1 million in annual sales. To learn more, visit Phil’s Fresh Foods website — or just pick up a few at your local Whole Foods.

The Local Producer Loan Program was created in February 2007 to help support and promote local companies producing high-quality, natural foods. Whole Foods has since doled out $2 million, with $517,000 going to businesses in the Rocky Mountain region.

“Our loan program was created to help small businesses expand their operations,” explains Paul McLean…

Here’s the rest of the story, courtesy today’s Westword online.

About Waylon Lewis

Waylon Lewis, founder of elephant magazine, now elephantjournal.com & host of Walk the Talk Show with Waylon Lewis, is a 1st generation American Buddhist “Dharma Brat." Voted #1 in U.S. on twitter for #green two years running, Changemaker & Eco Ambassador by Treehugger, Green Hero by Discovery’s Planet Green, Best (!) Shameless Self-Promoter at Westword's Web Awards, Prominent Buddhist by Shambhala Sun, & 100 Most Influential People in Health & Fitness 2011 by "Greatist", Waylon is a mediocre climber, lazy yogi, 365-day bicycle commuter & best friend to Redford (his rescue hound). His aim: to bring the good news re: "the mindful life" beyond the choir & to all those who didn't know they gave a care. elephantjournal.com | facebook.com/elephantjournal | twitter.com/elephantjournal | facebook.com/waylonhlewis | twitter.com/waylonlewis | Google+ For more: publisherelephantjournalcom

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2 Responses to “New Natural Products Company? Whole Foods wants to loan you money.”

  1. timmy d'Antonio says:

    great…another non-organic product getting popular.

  2. [...] your own natural food company can be a daunting, risky enterprise. Not all of us went to business school, and even those who did [...]

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