Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Accessing cash quickly can be achieved through your existing invoices or stock inventory. With Drip Capital’s buyer finance solutions, importers and traders can secure an affordable line of credit with just a few clicks. Small and medium-sized businesses can benefit from this additional working capital at a reduced cost, enhancing their cash flow to invest in technology, increase inventory, attract new customers, cater to seasonal demands, and explore new market opportunities, all of which contribute to accelerating sales and business growth. By providing attractive terms to your clients and ensuring prompt payments to your suppliers, you can establish a solid long-term reputation in the industry. Experience funding within 24 hours after you submit your documentation on our platform. This approach fosters a healthier and more profitable business model by shortening the cash-conversion cycle. Utilizing insights from international trade data, we have developed innovative financing options designed to support small businesses in expanding and scaling their operations effectively. This way, you can not only meet current demands but also position your business for sustainable future growth.
Description
Risks associated with capital are crucially linked to the well-being of supply chains. Numerous suppliers face difficulties due to price fluctuations and extended payment periods. Addressing the necessity to optimize working capital is vital for achieving business success. By adopting a connected strategy that encompasses buyers, suppliers, and financial providers, organizations can leverage data to introduce innovative financing solutions that enhance working capital availability while benefiting all participants. This approach allows suppliers to access cash at more favorable terms, while buyers can ease the burdens in their supplier interactions. Consequently, the entire supply chain thrives within a collaborative and healthy framework. By implementing invoice discounting programs for suppliers, businesses can increase their cash returns and decrease their cost of goods. Furthermore, offering these programs at rates that are lower than what suppliers would typically pay for borrowing can help minimize capital expenses, secure a reliable supply, and lead to reduced overall costs in production. This holistic approach not only strengthens relationships but also promotes sustainable growth across the supply chain.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
Free
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Drip Capital
Country
United States
Website
www.dripcapital.com/en-us
Vendor Details
Company Name
Infor
Founded
2002
Country
United States
Website
www.infor.com/products/supply-chain-management/supply-chain-finance