FIEO and Drip Capital sign MoU to solve working capital needs of exporters

FIEO members can now get paid upfront for their invoices using Drip's invoice factoring and use this capital to grow their business.

Partnership benefits for FIEO members

Collateral free working capital

The financing is unsecured and offered without any collateral.

Credit limit up to $1.5 million

Drip’s working capital offering to exporters is a credit line, which ranges from USD 100 thousand to USD 2.5 million, depending on the exporter’s size and requirement.

Advance of up to 80% invoice value

Exporters can now get paid upfront for their invoices. Invoice factoring can help release up to 80% of invoice value stuck.

Preferential pricing

FIEO members are now eligible for preferential pricing for Drip Capitals invoice factoring. FIEO members can now save up to $2000 on cost of finance.

Upcoming FIEO + Drip Capital's Events

Ludhiana, Punjab

May 23, 2019

Drip Capital organizes an interactive session on Trade Finance for exporters based out of Ludhiana.

Jodhpur, Rajasthan

May 24, 2019

Drip Capital organizes an interactive session on Trade Finance for exporters based out of Jodhpur.

Kanpur, Uttar Pradesh

May 29, 2019

Drip Capital organizes an interactive session on Trade Finance for exporters based out of Kanpur.