FundCanna has launched the ReadyPaid™ Trusted Partner Network, a public directory showcasing sellers utilizing ReadyPaid, FundCanna's new Business-to-Business buy-now, pay-later (BNPL) financing tool purpose-built for cannabis. The Locator lists participating vendors on an interactive map with their logos, verticals, and states of operation. Providing added visibility while helping buyers identify partners who transact on flexible terms offered via ReadyPaid.
ReadyPaid is designed to fix the broken payment cycle: sellers receive payment at the point of sale while buyers have the option of net terms or extended terms for payment. This affords sellers immediate, no-recourse payment for sales and enables purchaser's payment terms that match their revenue cycles. By aligning incentives and smoothing cash flow, ReadyPaid addresses the industry's massive non-payment issue, a $4+ billion delinquent receivables problem.
"ReadyPaid was created to solve the industry's pain of chasing receivables for sellers and mismatched cash outlay and revenue cycles for buyers. ReadyPaid's Trusted Partner Network is about highlighting vendors already using ReadyPaid to help smooth cash flow and drive growth," said Adam Stettner, CEO of FundCanna. "We're giving our vendors more exposure and giving buyers an easy way to find partners who transact with real flexibility and reliability. This is how we accelerate adoption, bringing predictability for cash flow to all parties back to the cannabis supply chain."
For more information:
FundCanna
Email: [email protected]
www.fundcanna.com
