High credit limit
You can avail a credit line upto $2.5 million and immediately boost your cash flow.
Global PO Financing Solution
Get quick access to cash against your purchase order and pay your suppliers quickly
Why International PO Finance?
Importing businesses, particularly in the United States, have to often make payments to their suppliers globally in order to ensure a seamless flow of inventory and business processes. To make sure this supply chain flows uninterrupted, Importing businesses in the United states have to ensure that their suppliers are paid promptly However, due to a significant lag between making these payments and realizing funds from domestic sales, companies often face a liquidity crunch that can be case a slowdown in business at best and case a serious cash crunch at worst. This is precisely where a global PO financing solution can help businesses access critical working capital by simply leveraging a purchase order. An international purchase order can be legally enforced and financial institutions, including Drip Capital can provide advances against these purchase orders so businesses can make critical supplier payments on time
Why opt for International Purchase Order Financing?
There are a few reasons why opting for a cross-border PO finance service is a good idea, for one, it is much quicker than any traditional form of a bank loan, the documents required are 1. A purchase order either from a domestic or an international company. 2. A proforma invoice or a supplier's estimate of the goods being imported and 3. Financial statements of the borrowing company. This, coupled with the fact that a PO financing solution is competitive in pricing and built for global businesses are reasons enough for an international company to consider this financing technique
Continuous sales growth even during capital shortage
Enhance order fulfillment without taking on debt
Covers purchase of necessary supplies and additional expenses
Easy collection from buyer through your PO financing company
How International PO Finance Works?
Supplier ships the goods and requests for payment from his Buyer
The Buyer submits soft copies of his Invoice and Bill of Lading to a Supply Chain Finance company like Drip Capital. Once approved, the buyer transfers 20% of the invoice value to Drip.
Drip Capital transfers 100% of the payment to the Supplier
The Buyer pays back 80% plus charges to Drip Capital after 30/60/90 Days
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.
Competitive & transparent pricing
Cost of financing can be as low as 0.5% per month basis credit evaluation.
Collateral Free Working Capital
Get access to working capital finance using just your outstanding invoices.
Paperless, swift, hassle-free
Get funded within 24 hours of submitting documents online.
Why Partners and Customers Trust us
$8 Billion+
Trade Financed
9,000+
Buyers & Suppliers
100+
Countries
100,000+
Cross-Border Transactions
Our Investors