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.
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.
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Experience the power of export financing with Drip capital