Oasis Grocery Direct

Oasis Grocery Direct

Direct to Neighborhood Groceries

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Security Type
Secured Loan
Categories
Agriculture
Min Investment
$100
Location
Delaware, OH
Offering Date
April 20, 2021
Expected Close Date
June 15, 2021
Target Raise
$50.00K-$250.00K

Company Description

Our mission is to provide high-quality, affordable food & groceries to individuals located in areas where there are no grocery stores, which the USDA calls food deserts.

Key Deal Facts

Bringing affordable, healthy foods to individuals in food desserts.
Already boosted by $150K investment to launch first 4 pickup points
Every $5,000 raised will open another community pickup point
Supported by regional partners Giant Eagle, Sirna and Sons Produce, and Food 21.org

Use of Proceeds

  • Product development
  • Pre-launch activities
  • Post launch operations and support

Management Team / Advisory Board Bios

Dave Ranallo, CEO
Interum Oasis GM

Stephen King, Founding Partner
MYND Global (Portland)
Oasis Shareholder

Tom Sirna, President
Sirna & Sons Produce
Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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