Case Study: PH Distribution accelerates growth with Silo Instant Pay

Capital that moves at the speed of the produce industry

PH Distribution, a new produce distributor in Miami, faced significant challenges due to the rigid and slow underwriting processes of traditional banks. This prevented them from accessing the working capital needed to compete with larger rivals and secure new supplier relationships, ultimately blocking their growth in a time-sensitive industry. They turned to the vendor Silo for a solution, specifically utilizing their Instant Pay product.

By implementing Silo's capital program, PH Distribution gained fast access to funds, which allowed them to immediately capitalize on opportunities. This solution enabled them to secure two new suppliers and two new commodities, leading to a 200% increase in volume and a doubling of their revenue within just 13 months. Silo provided a personalized and rapid financial partnership that was crucial to their explosive growth.

PH Distribution

Harry Weisman

President, Co-Founder