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 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 cash flow simultaneously.
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’s delivery.
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.
This new payment method allowed Brupot to strengthen its supply chain, improve cash flow and expand.