Brupot was introduced to ProducePay by one of their suppliers – a grower who requested that they handle payments through the Marketplace platform.
When they saw that their supplier was paid within 24 hours of delivering their shipment, they quickly realized that they could use ProducePay’s Quick-Pay financing solution to build better relationships with their growers.
And because Brupot was able to pay ProducePay on more flexible terms, they were able to improve their own cash flow at the same time.
In their first season, Brupot utilized Quick-Pay to ensure that their suppliers received 80% of their invoice value within 24 hours of their shipment being delivered.
In the following season, they upgraded to Quick-Pay+, and paid out 96% of each load’s value within a day of receiving it, enabling them to make even better deals with their suppliers.
The use of this new payment method allowed Brupot to strengthen their supply chain, improve cash flow and expand.