GET PAID UPFRONT FOR INVOICES TO OVER 30 COUNTRIES IN 24 HOURS.

Post Shipment Financing at click of a button.

Offer credit to your buyers instead of LC. Collateral free.
Easy access to Working Capital. Grow your business faster.
Online registration. Fast approval. Credit up to $2,000,000.

Questions? Contant us on +91-8657-223344 / cs@dripcapital.com

HOW CAN YOU BENEFIT?

COLLATERAL FREE WORKING CAPITAL

We purchase your export bills and pay you upfront..no more net 60. We only require assignment of receivable – no hard collateral.

OUTSOURCE CREDIT RISK MANAGEMENT

Our financing is non-recourse, that means we bear the risk of non-payment from the buyer. We manage the credit risk while you focus on the business.

OFFER FLEXIBLE PAYMENT TERMS

We help you increase sales by offering D/P, D/A and Open credit terms, instead of insisting on LCs or advance payments.

FREQUENTLY ASKED QUESTIONS

1. What is Non-Recourse Export Factoring?

Non-Recourse Export Factoring is a form of finance that bridges the gap between raising an invoice and getting paid for your international invoices. This type of financing also places the risk of non-payment on Drip Capital, rather than on your company. Once you invoice your customer, we will purchase the invoice from you and advance up to 80% of the invoice value within 24 hours.

2. How does this work?

Step 1. Submit Invoice to your Customer, and to Drip Capital
Step 2. Drip Capital pays you up to 80% of the Invoice value, within 24 hours
Step 3. Customer pays Drip Capital directly. If customer fails to pay, Drip Capital still sends you the remaining 20% balance minus our fees

3. What are the benefits of this product?

– Access to collateral free working capital
– 100% protection against non-payment risk from the buyer
– Ability to increase sales, by selling on open credit / DA terms to international buyers instead of insisting on advance payments or LCs
– Speedy collections, and increased cash flow

4. Do you require any collateral?

No, we do not require any collateral. We only require assignment of specific invoices which you are factoring to be payable to Drip Capital.

5. What is the application process? How long does it take?

The process is simple and quick. It takes 15 minutes to fill out our application after which we can set up your account. Once setup, you need to provide a list of your buyers. We can revert back within 5 days on our approval decision.

6. How much will it cost?

The cost will vary depending on the credibility and strength of your overseas Buyers. Please contact us so to get a formal proposal with the exact cost.

7. We are a new company. Will you work with us?

Yes. We work with new businesses. Unlike banks, we don’t just focus on what you have done but approve you based on your potential for growth.

8. I have more questions, how can I get a hold of someone?

You can email us at cs@dripcapital.com or call us at +91 8657 223344 (Mon-Fri 9am to 8pm India Time).