More than 250 cut flower growers make California the top flower producing state in the country. Nationwide consumers purchase an estimated $17 billion of floral items and 30 percent of US households purchase fresh cut flowers and greens. More than half indicate they would purchase flowers grown in California if they were given the choice.
The industry generates $64.7 million in taxes by cut flower growers within California and the annual payroll for flower importers alone is over $84,000,000 in Miami. This includes importers, bouquet companies, brokers, transportation, bulb and container suppliers, floral, greenhouses, horticulture suppliers, insurance, irrigation, seeds, and tunnels.
Businesscash has been offering factoring programs such as invoice factoring and purchase order financing to cut flower growers and the floral industry since 1998.