Drip Capital is a California based fintech company, focused on solving the working capital problem for SME exporters using technology. The company was founded by Pushkar Mukewar and Neil Kothari. The team now comprises of engineers, data scientists and trade finance veterans across Palo Alto, and three offices in India - Mumbai, Delhi and Bangalore.
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. Unlike banks, the financing is unsecured and offered without any collateral. Exporters can apply to Drip by completing a 10-minute online application, requiring minimal paperwork. Drip uses electronic data and an automated risk assessment platform, thereby ensuring a quick turnaround of 48 to 72 hours.
Drip Capital offers customized product offering depending on the products exporter is selling and exporters payment terms their buyers. We understand that every seller-buyer relation is unique and cannot be addressed by a standard product. Our offering has helped business scale their business by 60% annuallyVisit Website
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