Saborea Foods Strengthens Its Future Through Access to Capital
Saborea Foods is a family-owned wholesale grain distributor based in North Hollywood, California. Founded by father-and-son Maurice and Justin Cubias, the company supplies dry grains—including dried beans, rice, lentils, green peas, corn, peas, and soy products to grocery stores, mini markets, and restaurants throughout the region.
Like many small businesses, Saborea Foods faced financial challenges as inflation and rising operating costs affected customer demand and slowed payments from clients. These cash flow issues made it difficult for the business to meet its financial obligations while maintaining its relationship with a key supplier.
Seeking support, the owners turned to the Business Source Center for assistance with access to capital. The Business Source Center worked closely with the Cubias family throughout the lending process by reviewing their financials, assessing cash flow, organizing the required documentation, preparing the loan package, and coordinating with the financial institution to ensure all requirements were met.
After several weeks of collaboration and ongoing communication with both the client and the lender, Saborea Foods successfully obtained financing. The loan was approved and funded, allowing the business to refinance existing debt, improve cash flow, and strengthen its financial stability.
Today, Saborea Foods is in a stronger position to maintain important supplier relationships, continue serving its customers, and focus on the future growth of the business. This success highlights the value of personalized business advising and access to capital services in helping small businesses overcome financial challenges and build long-term sustainability.
“I can’t thank Yoryana and ICON (Initiating Change in Our Neighborhoods) enough. It was a true pleasure networking with Yoryana and having her assist us with the referral to the bank that helped fund our business loan. Our company was in a position where we were scrambling to figure out solutions and with Yoryana’s help it was simplified and we were able to get funded quickly with the bank which allowed us to just focus on our company obligations. I highly recommend ICON for business development and financial service referrals. “ Justin Cubias
Saborea Foods is located in CD2; website: https://saboreafoods.com/