Collateral free working capital
Fund your exports growth using your foreign trade receivables.
Post Shipment Credit Services by Drip Capital
Collateral-Free Post Shipment Finance to boost your Exports
What is a Post Shipment Finance Service?
A Post Shipment finance service is a short-term financing solution that takes care of cash or liquidity requirements of export business for the time lag between when an exporter ships the goods, and till the time he receives payment from his buyer. Since the time-frame for receiving payment, even after completing shipping related formalities, can be quite high - typically between 30 to 90 days, some export companies opt for post shipment finance services that allow them to secure liquidity quickly that allows the exporter to begin work on the next order and scale their business quickly
Why Post Shipment Finance?
While there are several types of post shipment finance services in the market, there are a few reasons why exporters opt for these services. For one, accessing finance is a lot easier in the post shipment stage, this is because financing institutions are confident on the order execution since the shipments are already in quite an advanced stage. Secondly, post shipment credit solutions are generally quick and this is also a time when companies wish to begin work on the subsequent orders. This is exactly what makes this financing option so popular
Flexibility in extending credit period to your foreign buyers
Reduced dependence on banks for working capital
Enables you to focus on other growth areas
Never say no to any export order
No need to provide collateral to acquire funds
Efficient and hassle-free process which gets you your funds in time
How Post Shipment Finance Works?
Submit invoice digitally on Drip's Portal
Get 80% invoice value in advance
Buyers pays 100% to Drip capital
We pay you remaining 20% less our charges
Why Choose Drip Capital?
We are a fintech company focused on solving the working capital problem for emerging market SME exporters by leveraging data and technology. We are re-building core parts of international trade finance infrastructure to level the playing field for small businesses
Credit limit up to $2.5 Million
Get post-shipment export credit line up to $2.5 million.
Competitive pricing
Cost of export financing can be as low as 0.7% per month basis credit evaluation.
Paperless, swift, transparent
Use Portal by Drip Capital for faster fulfilment and end-to-end service
Post Shipment Finance Solutions by Drip Capital
As a specialist in trade finance services, we at Drip Capital have recognized the difficulties that most budding exporters face and how difficult business operations in can due to lack of working capital funds during the post-shipment phase.
This is precisely why our post-shipment factoring solutions are aimed at solving precisely this problem and as an added advantage, we don't require exporters to pledge any precious collateral with us.
Simply get in touch with us using the contact form below.
Quick facts on Drip Capital
$5 Billion+
Trade Financed
6,000
Buyers & Suppliers
100+
Countries
100,000
Cross-Border Transactions
Our Partners
Growth Stories
Learn about how we’ve 10xed exporters
Tatva Enterprise LLP
Exporter of Plastic products from Maharashtra
7x Increase in Turnover USD millions
We started factoring our export invoices with Drip in FY17-18 and by 18-19 we were getting almost 25% of our invoices financed by them. With the boost in working capital and increased competitiveness in foreign markets because of better terms of sale, our turnover has shown a substantial increase.
7x Increase in Turnover USD millions
Al Sami Agro Products
Exporter of frozen foods from Andhra Pradesh
3x increase in Turnover USD millions
As an exporter you may have a great offering, but without easy access to short-term finance, you face challenges in scaling and have to let go of many opportunities. Drip Capital’s easy and efficient export finance solution has helped us ensure there is continuous cash flow in our business. Now we can convert possibilities which we otherwise would have passed on. The result has been a 220% jump in sales in FY19.
3x increase in Turnover USD millions
Satya Impex
Exporter of Red chillies from Andhra Pradesh
50% wallet share USD millions
When we started our business in 2017, traditional lending institutes could not keep up with the increasing orders from our buyers. With Drip capital fulfilling our working capital requirement, in FY 19 our business reported massive growth as compared to the previous year, over 50% of those export invoices were financed by Drip.
50% wallet share USD millions
Pari Agro Exports
Exporter of Basmati Rice from Punjab
4x increase in Turnover USD millions
Drip’s factoring service has ensured that our liquidity doesn’t remain tied up in invoices for a long time. Since the start of our collaboration, we have been able to cater to more buyers and our export turnover has increased 4x between FY17-18 and FY18-19.
4x increase in Turnover USD millions