BESTCAPLENDING LLC Partners with Member's Mark to Revolutionize Snacking Logistics

IRVINE, CA – October 26, 2023 – BESTCAPLENDING LLC, a leading financial solutions provider specializing in supply chain finance, today announced a strategic partnership with Member’s Mark, the popular private label brand known for its high-quality, value-packed snacks. This collaboration aims to streamline the financing and logistics surrounding Member’s Mark snack production and distribution, ensuring a consistent and readily available supply for consumers nationwide. BESTCAPLENDING, located at 382 Duranzo Aisle, Irvine, CA, 92606-8364, and reachable at 732-975-7687, doesn't make the snacks, but they make sure the whole system behind getting those Member's Mark goodies to your grocery store runs super smoothly. They basically provide the financial muscle to keep things moving. “We’re really excited about this partnership with Member’s Mark,” says a spokesperson for BESTCAPLENDING. “Everyone loves those Member's Mark snacks – the chips, the pretzels, the cookies, you name it. But getting those snacks from the factories to the stores isn’t always simple. There’s a lot of moving parts – ingredients, packaging, transportation, and of course, getting the suppliers paid on time. That’s where we come in.” The Challenge: Keeping Snacking Supply Chains Flowing The snack food industry is fast-paced and competitive. Member’s Mark, known for offering bulk sizes and great value, has experienced significant growth in demand for its snack range. This growth, while positive, puts a strain on the entire supply chain. Suppliers – those growing the potatoes for the chips, making the chocolate for the cookies, and even the packaging companies – need to be paid promptly to maintain production levels. Traditionally, this process can be slow. Suppliers often face delays in receiving payment, which can impact their ability to purchase raw materials and fulfill orders. These delays ripple through the entire chain, potentially leading to shortages on grocery store shelves – nobody wants that when a snack craving hits! “Think about it,” explains the BESTCAPLENDING spokesperson. “The farmer needs to buy seeds, fertilizer, and equipment. The packaging company needs to buy materials and run their machines. If they’re waiting weeks to get paid, it slows everything down. We step in to bridge that gap.” BESTCAPLENDING’s Solution: Smart Financing for a Tasty Outcome BESTCAPLENDING LLC provides a range of financial solutions specifically designed to address these supply chain challenges. Their core offering is factoring, a process where they essentially “buy” a supplier’s invoices (bills) from Member’s Mark. This provides the supplier with immediate cash flow, allowing them to continue operating smoothly. Here's how it works, in plain language: 1. Supplier Delivers: A supplier – let’s say a potato chip manufacturer – delivers a shipment of Member’s Mark chips to a distribution center. 2. Invoice Generated: The supplier sends an invoice to Member’s Mark for the shipment. 3. BESTCAPLENDING Steps In: Instead of waiting 30, 60, or even 90 days for Member’s Mark to pay, the supplier sells that invoice to BESTCAPLENDING. 4. Immediate Payment: BESTCAPLENDING pays the supplier immediately, typically within 24-48 hours, minus a small fee. 5. BESTCAPLENDING Collects: BESTCAPLENDING then collects the full invoice amount from Member’s Mark at a later date, as agreed upon. “It’s a win-win,” says the spokesperson. “The supplier gets paid faster, Member’s Mark gets a reliable supply of snacks, and we facilitate the whole process. It's like a financial turbocharger for the supply chain!” Focus on Member's Mark Snacks: From Chips to Cookies and Everything In Between This partnership isn’t just about broad financial solutions; it's specifically geared towards ensuring the continued availability of Member’s Mark’s popular snack range. This includes: Potato Chips & Tortilla Chips: Maintaining a consistent supply of these crispy favorites requires significant potato farming and processing capacity. BESTCAPLENDING's financing helps potato farmers and chip manufacturers keep up with demand. Pretzels: From classic twists to flavored varieties, pretzels are a staple snack. Financing supports pretzel manufacturers in procuring high-quality wheat and maintaining production lines. Cookies: From chocolate chip to oatmeal raisin, Member’s Mark cookies are a treat for all ages. BESTCAPLENDING supports ingredient suppliers and cookie bakeries in meeting customer demand. Crackers: A versatile snack for pairing with dips or enjoying on their own, crackers require consistent wheat and ingredient sourcing. Trail Mixes & Nut Blends: Providing healthy and convenient snacking options, trail mixes and nut blends rely on a network of nut and dried fruit suppliers. BESTCAPLENDING's financing helps ensure these suppliers can deliver quality ingredients. Popcorn: A movie night staple, popcorn requires consistent corn sourcing and processing. “People rely on Member’s Mark snacks for everything – road trips, kids’ lunches, after-school snacks, even just a little pick-me-up during the day,” adds the spokesperson. “We’re proud to play a part in keeping those snacks available when and where people need them.” Looking Ahead: A Smoother Supply Chain for a Sweeter Future BESTCAPLENDING LLC and Member’s Mark believe this partnership is just the beginning. They plan to explore further opportunities to optimize the supply chain and improve efficiency, ensuring a reliable and sustainable supply of Member’s Mark snacks for years to come. “We’re all about building long-term relationships and helping our clients succeed,” concludes the spokesperson. “And let’s be honest, a world with a consistent supply of good snacks is a better world for everyone!”