The Drip Capital Blog
Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
Resource Library
Cosmetics Import Financing: How NY/NJ Personal Care Importers Manage Vendor Payment Terms
Cosmetics Import Financing: How NY/NJ Personal Care Importers Manage Vendor Payment Terms For a personal care importer on the East Coast, the math is tight lo
Purchase Order Financing for Startups: How It Works and Who Qualifies
Purchase Order Financing for Startups: How It Works and Who Qualifies The order that could make your company is often the one you cannot afford to fill. A nat
Business Line of Credit Alternatives: 7 Options and When Each One Fits
Business Line of Credit Alternatives: 7 Options and When Each One Fits A Line of Credit is one of the most flexible ways to fund a business, but it is not alw
LTL Shipping: What It Is, How It Works & When to Use It | Drip Capital
Less-than-truckload or less-than-load (LTL) freight is a type of shipping service in which numerous cargoes share the same vehicle, and each firm pays for the room they occupy.
Purchase Order Financing vs Working Capital Loan
A practical guide to purchase order financing vs working capital loans - what each tool does, when to use it, and how to choose the right one for your business.
Structured Trade Finance (STF): What It Means
Discover Structured Trade Finance (STF), its benefits, and how it works to manage cash flow, reduce risks, and enable smooth global trade and commodity transactions.
PierPass: Meaning, Fee and How to Calculate It
Certain logistics expenses are zone-specific — meaning that they only apply in certain regions or shipping ports. These charges are only added to the overall freight costs of a given shipment when it docks into a port wherein that particular expense is applicable.
LC at Sight: Meaning, Process and Key Requirements
A sight letter of credit is a document which stands as a proof of payment in return of the goods or services to be released for the transportation by the seller. Once the goods or services reach the buyer, the buyer has to pay the financial institution that provided the Sight LC.