Surat, Feb. 15 -- Trade finance firm Drip Capital apprised the SME exporters in Surat about the alternative working capital solutions like invoice factoring process.
They had organized a seminar on Interactive sessions on Export Factoring: Easy access to unsecured finance for SME Exporters, in association with Federation of Indian Export Organizations (FIEO).
According to Drip Capital release SMEs account for 40% of Indias total export volumes but are some of the most under served when it comes to working capital provisions. With Demands for collateral, long processing times, heavy paperwork burden, and other such factors contribute towards making working capital highly inaccessible for SMEs. Institutions like factoring firms and NBFCs ...