Bank granted loan moratorium to save Ben & Jerry's first winter
Ben Cohen · Ben & Jerry's: Ben Cohen And Jerry Greenfield (2017) · Mar 23, 2020 · at 26:08
Ben Cohen, co-founder of Ben & Jerry's, recounts how advice from a SCORE mentor helped the company survive cash flow shortages during its first winter in Burlington, Vermont.
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“And we went to the bank, and we said that, and they said, sure, no problem. Just pay interest, and, you know, we'll extend the loan, and that got us through.”
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