The Drip Capital Blog
Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
Resource Library
All you Need to Know About US Import Tax and Duties
The purpose of imposing customs duties on countries is to maintain the receiving country’s economic stability, by monitoring and controlling the flow of goods, either general or prohibited.
Line of Credit vs Bank Loan: Access to Working Capital
Line of Credit financing offers flexible access to funds for businesses. Compare it with traditional bank loans to understand differences in flexibility, usage, and repayment.
What is a Shipper's Export Declaration? Form and Uses
A shipper's export declaration is an essential document for trade of goods with the USA. It acts as record of US exports and is also used to keep track of trade statistics.
Supply Chain Finance | Collateral-Free Supplier Funding Up to $3M
Supply Chain Finance helps businesses pay supplier invoices, production costs, global payments, and much more without straining working capital. Collateral-free funding from $50K to $3M with 24–48 hour disbursal post approval.
![DDP [Delivery Duty Paid] Incoterms - Price, Process & Documentation](https://images.ctfassets.net/vkoe68wv76dt/3IIxNuY4xJaKW5xiXwfTzx/43c09b3430ddc3d3fa192110a10c3ec7/DDP_Incoterms_2020_-_Detailed_Guide__1_.png?w=264&q=65&fm=webp)
DDP [Delivery Duty Paid] Incoterms - Price, Process & Documentation
DDP incoterms is one of the 11 incoterms published by the International Chamber of Commerce (ICC). It stands for Delivery Duty Paid, a terminology allowing flexibility to hold any mode of transport. Also, it lays maximum risk and responsibilities on the seller.
![CIP Incoterms [Carriage & Insurance Paid] | Delivery Terms, Price & Example](https://images.ctfassets.net/vkoe68wv76dt/2ooJuHTsq681BOl3DLxZ39/8b51f54403953ae02aa13621683907e9/CIP_Incoterms_2020_-_Meaning_and_Shipping_terms__1_.png?w=264&q=65&fm=webp)
CIP Incoterms [Carriage & Insurance Paid] | Delivery Terms, Price & Example
The shipping incoterm CIP stands for ‘Carriage and Insurance Paid to’, wherein the seller is responsible for goods only till the first port, which is the exporter's country's port and not the terminal.
Full Truckload Shipping - The Ultimate Guide
Full Truckload Shipping (FTL) refers to the transportation of a single type of cargo in one truck.
EAR99 Meaning: Classification, Items Included and Compliance
The products that don't require a license to export from the US or re-export worldwide are classified as Export Administration Regulations 99 (EAR99). This category typically includes low-tech consumer products and services.