AUSTIN, Texas, Sept. 24, 2025 /PRNewswire/ — 1st Commercial Credit, a leading provider of receivables-based financing solutions, has announced the successful funding of a Brazilian produce exporter supplying fresh fruit and vegetables to U.S. buyers. The transaction was facilitated through 1st Commercial Credit’s Vendor Pay Express platform, an innovative early-payment solution designed to accelerate supplier payments while preserving standard invoice terms for buyers.
Solving Cross-Border Cash Flow Challenges
Exporting perishable products requires significant working capital to cover harvesting, packaging, and logistics before payment is received from U.S. buyers. Traditional banks and factoring companies are restricted from financing PACA-related receivables, making timely funding difficult for produce exporters. By using Vendor Pay Express, the Brazilian exporter secures accelerated payments on approved invoices, keeping its supply chain funded and shipments delivered on time.
“Fresh produce exporters face intense pressure to maintain cash flow while meeting the demands of U.S. distributors and retailers,” said Raul Esqueda, President of 1st Commercial Credit. “Vendor Pay Express bridges this gap by paying exporters promptly, while giving buyers the comfort of keeping their negotiated credit terms.”
How Vendor Pay Express Works
The Vendor Pay Express platform allows suppliers to submit invoices electronically. Once approved by the U.S. buyer, payment is accelerated to the exporter, and a replacement invoice is generated to the buyer. This ensures:
- Early payment for the exporter, eliminating working capital strain.
- No change in terms for the U.S. buyer, who continues to pay on their usual schedule.
- Strengthened supply chain reliability, as growers and packers in Brazil are paid faster.
Expanding Market Reach
The facility stabilizes cash flow for the Brazilian exporter while enabling larger purchase orders and broader U.S. distribution. With Vendor Pay Express able to approve PACA receivables, Brazilian and other foreign companies selling to U.S. buyers can qualify, giving importers consistent supply, stronger vendor relationships, and streamlined payment processing.
“Vendor Pay Express is more than funding—it’s a compliant platform that builds trust between international suppliers and U.S. buyers,” said Raul Esqueda, President of 1st Commercial Credit.
About 1st Commercial Credit
1st Commercial Credit is a leading invoice factoring company providing receivable-based financing, purchase order financing, and supply chain solutions to businesses across the United States and internationally
For more information about Vendor Pay Express, call 1 800 876 6071 or Contact Us
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SOURCE 1st Commercial Credit, LLC
