What is Export Finance?
Export finance in India provides funding to exporters, enabling them to conduct business on an international scale. Essentially, it's a cash flow solution that helps exporters meet their production needs and handle other global transactions, including working capital. International entrepreneurs turn to export finance to ensure they can afford to produce goods and to guarantee timely payment when shipping products overseas.
Who is Export Financing Services for?
Exporters and Manufacturers
Businesses that sell goods and services to overseas customers need funding to fulfill these orders or wish to protect against the risk of non-payment.
SMEs Entering Global Markets
Small and medium-sized enterprises that are venturing into international markets and require funds to scale their operations.
Businesses Facing Long Payment Cycles
Those dealing with customers who have extended credit terms, hence facing cash flow strain.
Unlock The Potential Of Export Finance To Grow Your Business
Improved Cash Flow
By advancing funds against international invoices, businesses can receive payment more promptly, reducing the cash flow strain caused by extended payment terms.
Risk Mitigation
Export invoice financing can protect businesses against various international trade risks, such as currency fluctuations, political instability, or default of payment by foreign buyers.
Extended Credit to Buyers
By using export finance, businesses can offer extended credit terms to their international buyers, which might lead to increased sales and customer loyalty.
Protection Against Non-Payment
Export credit insurance, a component of export finance, can protect sellers from the risk of non-payment by foreign buyers.
How it works
01
Onboarding
Businesses begin export bill discounting journey on KredX GTX by registering & undergoing KYC verifications.
02
Document Upload & Approval
Users upload trade documents for buyer review and acceptance. The platform consolidates into a "Trade Factoring Unit," detailing transaction value.
03
Bidding Process
This Unit is listed for financiers to assess and bid on, specifying terms such as financing rate, fund cost, and disbursement time. Exporters review and select the most suitable bid.
04
Funds Disbursement
Upon choosing a bid and signing of the agreement, financiers transfer the funds directly to the exporter's account.
05
Repayment Schedule
The buyer, post-receiving the goods/services, repays the financier as per the pre-agreed schedule and terms outlined in the initial agreement.
02
Document Upload & Approval
Users upload trade documents for buyer review and acceptance. The platform consolidates into a "Trade Factoring Unit," detailing transaction value.
04
Funds Disbursement
Upon choosing a bid and signing of the agreement, financiers transfer the funds directly to the exporter's account.
Estimate your export factoring interest cost
Invoice Amount
298000
$ 100,000
$ 1,000,000
Payment terms (i.e. invoice due date)
130
60 days
180 days
How much you could advance now
$ 0
Plus, when invoices paid
$ 0
What you will pay
$ 0
Disclaimer:
The figures generated by this calculator are intended as a guide only. This shall not, and is not intended to, constitute any funding commitment. Rates will be given by financiers according to their analysis of yours and your buyer's risk profile.
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