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Siddhi Parekh

Finance Manager at Drip Capital

Other Articles by Siddhi Parekh

30 January 2023

Last-Mile Delivery: Definition, Benefits, and Challenges

Last-mile delivery refers to the final leg of the delivery process for a package, which is typically from a transportation hub or distribution center to the end consumer. The term "last mile" is used to describe this final stage of the delivery process because it is often the most complex, costly, and time-consuming part of the journey.

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12 December 2022

Filling Electronic Export Information

When goods are shipped internationally, carriers need to be privy to the customs regulations for exports coming from the US. For expanding the purview of the US government on all export-related tasks, it is crucial for shippers to comprehend the need for filling an Electronic Export Information (EEI) and what it encompasses.

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04 October 2022

A Quick Guide to Intermodal Shipping Containers

Intermodal shipping refers to the process of using standardized intermodal shipping containers to transport cargo through one or multiple modes od transport.

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15 May 2023

What is a Small Business Grant Fund?

Small business owners frequently need help financing their operations or start-up costs. They often look at possibilities like small business loans or credit lines to strengthen their financial situation. Depending on their circumstance, choosing a small business grant can be more appealing than using traditional finance sources.

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12 May 2023

What is a No-Doc Business Loan?

SMBs are the backbone of the economy, yet obtaining finance to launch or grow a medium-sized business can be challenging. Traditional company loans can include extensive paperwork and a drawn-out application procedure, limiting many entrepreneurs of the funding they need to achieve their ideas.

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10 May 2023

What are SBA 504 Loans?

To help small business entrepreneurs and owners achieve their goals, the U.S. Small Business Administration (SBA) was founded in 1953. The SBA acts as the nation's leading resource and advocates the growth of small businesses by providing advice, money, and contracting expertise.

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27 April 2023

Let’s Understand SBA 7(a) Loan

Founded in 1953, the SBA is an independent U.S. government organization. It provides support, guidance, protection, and assistance to small companies. It seeks to maintain open competition, create and promote robust enterprises, and bolster the national economy.

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26 April 2023

All About Working Capital Management

Every business must ensure that they have enough resources to cover their daily operating expenditures. These responsibilities include managing the company's inventory, cash flow, accounts payable, and accounts receivable. This comes under the aegis of working capital management.

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31 March 2023

A Comprehensive Guide on Vendor Notes

Finding the right financing options can be critical to business success in the ever-changing commerce landscape. Businesses can obtain the capital they require to grow and thrive in numerous ways, ranging from traditional loans to alternative methods such as crowdfunding.

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28 March 2023

What is the Difference Between Inventory Financing and Accounts Receivables?

Small and medium-sized businesses often need help with proper cash flow management to sustain their day-to-day operations. Business owners turn to financing options that suit their requirements in times like these.

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16 March 2023

Supply Chain Risk Management

Supply chain risk management (SCRM) involves identifying, assessing, and mitigating risks affecting a business' supply chain operations. This includes all activities related to producing, sourcing and delivering customer goods or services.

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14 March 2023

All You Need to Know About Revenue-Based Financing

Revenue-based financing (RBF) is an alternative financing method for startups or small businesses. It is a form of debt financing where the lender receives a percentage of the company's revenue as a means of repayment rather than fixed payments over a set period.

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01 March 2023

Work in Progress Financing Explained

Work-in-progress (WIP) financing is an essential tool that is generally specific to the manufacturing and construction industry. In this type of financing, the lender provides funding for raw materials, labor costs and overhead costs that a business might have incurred during the production process before the final product is sold.

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