Global Fresh Produce Grows with Improved Cash Flow
“Our key issue was cash flow. We needed a faster cash flow and the 80% upfront payment you gave us helped us a lot.”
Emilio Campos Corona– Logistics and Operations Director, Global Fresh Produce
Global Fresh Produce
Guanajuato & Puebla, Mexico
Vegetables Grower
Cash Flow
Quick-Pay 80%
For twenty years, Global Fresh Produce has produced, traded and distributed vegetables such as broccoli, cauliflower, green beans and snow peas in Guanajuato and Puebla. Their produce is consumed domestically and exported to international markets (United States and Canada), and is of the highest quality and safety standards.
“The drawback with banks is that you need a very long history to get this type of credit.”
The Challenge: Need for Quick Cash Flows
“Apart from being reliable, ProducePay is a company well-known in the industry for its speed, providing fast and timely payments when we need it most.”
Emilio Campos has been passionate about agriculture from a young age, and he is currently the Director of Logistics and Operations for Global Fresh Produce.
When purchasing produce from its growers, Global Fresh Produce’s main challenge is maintaining the cash flow to make timely payments before they are paid by buyers. Having access to capital to bridge this gap is essential for running and growing their business.
With traditional banks requiring a lengthy credit history to access this type of credit Global Fresh Produced turned to ProducePay because of the company’s reputation for the industry for speed, in addition to the convenience of its digital platform.
“Tell everyone that ProducePay is a very good company, that helps you finance and grow faster.“
The Solution: Quick-Pay Financing with ProducePay
“Whenever it is necessary, you reply and solve all our challenges. You always looked out for us.”
Global Fresh Produce’s first contact with ProducePay was at the PMA Fresh Summit Fair in Anaheim, California in 2019. They spoke with our team at the event and decided to work with ProducePay to meet their needs.
Global Fresh Produce requires quick access to capital to cover their growers’ payments, so the Quick-Pay capital advance served as the perfect solution. With Quick-Pay financing, we can pay an agreed percentage of the value of the shipments within 24 hours of the buyer accepting the produce.
“ProducePay is a reliable company, your speed is key to solve problems and you have very good customer service.”
Emilio Campos Corona– Logistics and Operations Director, Global Fresh Produce
