Case Study: Sunbasket keeps suppliers happy and cash flow healthy with Plastiq

How the meal kit company uses Plastiq to keep their suppliers happy and their customers coming back for seconds

Sunbasket, a meal kit company, needed to ensure it could pay its suppliers quickly and in their preferred method to maintain strong partnerships and secure the best ingredients. Their challenge was managing a complex supply chain while preserving cash flow and adapting to post-pandemic market conditions. To address this, they turned to vendor Plastiq and its payment service.

Using Plastiq allowed Sunbasket to make fast payments to suppliers outside their regular system, even those not in their payments network. The solution provided a multi-faceted tool that enabled short-term financing via credit card to preserve cash on hand and float capital. As a result, Plastiq helped Sunbasket keep suppliers happy, improve efficiencies, and support their scaling strategy by solving several payment problems at once.

Sunbasket

Todd Smith

VP Corporate Controller