Sunflower Gets $35M in New Financing

Sunflower Farmers Market said it had raised $35 million in new financing, including a $30 million, five-year loan package through Fifth Third Bank and a $5 million equity investment from an existing investor, Pacific Corporate Group.

BOULDER, Colo. — Sunflower Farmers Market here yesterday said it had raised $35 million in new financing, including a $30 million, five-year loan package through Fifth Third Bank and a $5 million equity investment from an existing investor, Pacific Corporate Group.

The company said it has opened seven new stores in four states in the past year, and increased sales by 50%. Sunflower, which currently operates 27 locations, projects having a network of 50 or more locations by 2013

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