Export Factoring Solutions for SMEs

Working Capital Finance with Export Factoring to grow your Business

What is Export Factoring?

Export Factoring is one of the fastest and easiest ways to secure working capital if you want to grow your exports business without going through the hassle of securing a loan from a bank. Drip Capital provides upto 80% of your export invoice value upfront on the day of your shipment, while the remaining 20% minus the factoring charges is paid once the buyer makes full payment to Drip Capital when the credit period is over. This not only improves your cash flow but also eliminates the hassle of payment collection and provides protection against buyer defaults. Our export factoring solution is designed so that exporters never have to worry about buyer payments and can immediately get paid on shipment of goods, just like any other domestic transaction. Exporters can then utilise these funds at any stage of the business lifecycle, to pay for inventory, raw materials, employees, or any other short-term needs.

Why Export Factoring?

Have you extended a credit period to your foreign buyers? Do you often wait for buyer payments? Is your bank’s restricted credit facility limiting the growth of your export business? Do you want a financial solution that is fast, paperless, reliable, transparent and collateral-free? If you have answered yes to any of the above questions, you need export factoring to get that competitive advantage. Here’s how our solution can help you grow your business.

EXPORT FACTORING ADVANTAGES

icon

Extend flexible payment terms to your foreign buyers


icon

Foreign currency financing


icon

Get a line of export credit over and above your bank’s credit facility


icon

Reduce your dependence on bank loans

icon

Maintain positive cash-flow

icon

Never say no to any export order due to lack of capital

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

Collateral free working capital

Collateral free working capital

Fund your exports growth using your foreign trade receivables.

Credit limit up to $2.5 Million

Credit limit up to $2.5 Million

Get post-shipment export credit line up to $2.5 million.

Competitive pricing

Competitive pricing

Cost of export financing can be as low as 0.7% per month basis credit evaluation.

Paperless, swift, transparent

Paperless, swift, transparent

Use Portal by Drip Capital for faster fulfilment and end-to-end service

Receive cash advance against your trade receivables

Apply Now

Quick facts on Drip Capital

Trusted by more than 1500 Exporters and Importers Globally

$500 M

of Trade Financed


400+

Exporters


70+

Cities


60+

Countries

Our Partners

eepc
chemexcil
fieo
svb
wells-fargo

Growth Stories

Learn about how we’ve 10xed exporters

Tatva Enterprise LLP

Exporter of Plastic products from Maharashtra

We started factoring our export invoices with Drip in FY17-18 and by 18-19 we were getting almost 25% of our invoices financed by them. With the boost in working capital and increased competitiveness in foreign markets because of better terms of sale, our turnover has shown a substantial increase.

Hiral Parikshit Pawar
Promoter, Tatva Enterprise LLP
7x Increase in Turnover
USD millions
Al Sami Agro Products

Exporter of frozen foods from Andhra Pradesh

As an exporter you may have a great offering, but without easy access to short-term finance, you face challenges in scaling and have to let go of many opportunities. Drip Capital’s easy and efficient export finance solution has helped us ensure there is continuous cash flow in our business. Now we can convert possibilities which we otherwise would have passed on. The result has been a 220% jump in sales in FY19.

Abdul Salam
Promoter, Al Sami Agro Products
3x increase in Turnover
USD millions
Satya Impex

Exporter of Red chillies from Andhra Pradesh

When we started our business in 2017, traditional lending institutes could not keep up with the increasing orders from our buyers. With Drip capital fulfilling our working capital requirement, in FY 19 our business reported massive growth as compared to the previous year, over 75% of those export invoices were financed by Drip.

Thota Rama Krishna
Promoter, Satya Impex
75% wallet share
USD millions
Pari Agro Exports

Exporter of Basmati Rice from Punjab

Drip’s factoring service has ensured that our liquidity doesn’t remain tied up in invoices for a long time. Since the start of our collaboration, we have been able to cater to more buyers and our export turnover has increased 4x between FY17-18 and FY18-19.

Varun Sachdeva
Promoter, Pari Agro Exports
4x increase in Turnover
USD millions

In the news

Hindu
Tech Crunch
ET Tech
YourStory
Live Mint
Fortune India
VC Circle
Bloomberg Quint
Tech Circle
Financial Express

Experience the power of export financing with Drip capital

chat

You’ve got questions…. We’ve got answers

I require pre-shipment export finance to help with purchase of goods, can you help arrange for the same?
How long do you take to process an application for export factoring?
Do we have to pay extra for the credit insurance?
Do I have to factor all my export invoices from Drip Capital?
Looking for more questions?View All

Export Factoring Resources

Export Finance - Why is it required and Types
Export Finance - Why is it required and Types

August 28,2019

Read More
Invoice Factoring: Easy Access to Working Capital for your Business
Invoice Factoring: Easy Access to Working Capital for your Business

October 31,2018

Read More
Government Loan Schemes to Finance your MSME Business
Government Loan Schemes to Finance your MSME Business

January 22,2019

Read More