AgriCap enjoying booming business
AgriCap enjoying booming business
Los Angeles-based AgriCap LLC has carved out a niche of financial services that has found the business doubling every year since its inception in 2001, said president and co-founder Rick Jones. "We've exceeded all expectations in terms of growth," Mr. Jones said. The company's core services include accounts receivable factoring and commercial real estate financing. It also offers seasonal production financing, trade financing and vendor financing. "There's no company that does exactly what we do," Mr. Jones said. Ninety percent of AgriCap's clients are in fresh produce - mostly importers and