ProducePay working capital helps Agricola 76 invest in production capacity.

“Increasing growing capacity by planting additional crops requires a lot of upfront capital from a partner who understands our business and crops.”

Roberto Ruíz Sánchez
General Manager of Agrícola 76

Agrícola 76 is an agricultural production company that cultivates and exports high-quality, organic produce. They wanted to expand their operations to meet growing customer demand, but Agricola 76 didn’t have the working capital to develop additional growing capacity at the beginning of the season when they most needed it.

They tried to work with traditional banks to secure financing, but the application process was slow and complicated. The bankers they spoke with were not helpful, and they demanded so much paperwork that the entire process became costly in terms of time and money.