CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th Floor, 7, Cooperage Road, Mumbai - 400 001. India
Tel : +91 22 22021288 Website : www.//chemexcil.in
EPC/LIC/EVENTS 17/05/2019
ALL THE MEMBERS OF THE COUNCIL
Interactive session on
"The Invoice Finance Advantage: Collateral-Free Trade Finance made Easy by Drip Capital"
on
28/05/2019 at Hotel Crowne Plaza, Ahmedabad
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Dear Members,
We are pleased to inform you that the council is organising an Interactive session on "The Invoice Finance Advantage: Collateral-Free Trade Finance made Easy by Drip Capital" in association with M/s. Drip Capital Services India LLP on 28/05/2019 in Ahmedabad.
This seminar is also supported by “The Gujarat Dyestuffs. Manufacturers' Association (GDMA)”.
The objective of this interaction is to appraise member-exporters about export factoring/ finance products and services offered by M/s. Drip Capital that can be helpful to the exporters to grow their business without extending their security as collateral while availing export financing once the goods are exported.
M/s. Drip Capital (www.dripcapital.com) is a trade finance company headquartered in California, USA backed by the world’s largest VC investors like Sequoia Capital and Accel Partners. They offer finance to Indian exporters selling to buyers in North America, Europe, Middle East and Asia Pacific.
The schedule of the seminar will be as under.
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SCHEDULE
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Day & Date
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28/05/2019 (Tuesday)
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Timings
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Duration- 4.00 pm to 6.00pm
(registration at 3.30 pm)
Technical sessions will be Followed by Hi-Tea
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Session Topic
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Interactive session on
"The Invoice Finance Advantage: Collateral-Free Trade Finance made Easy by Drip Capital"
Export finance includes the purchase, funding, management and collection of short-term export receivables, based on goods exported to existing foreign buyers. The export factoring method has several benefits like increased sales in foreign markets by offering competitive terms of sale, protection against credit losses, accelerated cash flow, no requirement of providing/pledging additional asset/collateral, boost in working capital etc.
In order to appraise exporter members about this product, and the process and modalities involved in availing easy export finance, the session will cover the following points:
Ø Working capital issues faced by SME Exporters
Ø Overview of Export Finance
Ø Key offering and benefits to exporters
Ø Case Study
Ø Process for procuring Export Finance
Ø Q & A Session
Speaker:
The sessions will be conducted by experts from Drip Capital
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Venue
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Crowne Plaza Ahmedabad City Centre
“Ball Room 1
Sarkhej, Gandhinagar Highway Road,
Ahmedabad – 380015. Gujarat
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Participation Fees
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NIL
(But Prior registration compulsory)
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Members (specially MSME’s) are requested to attend this session on export factoring/ finance and benefit from the same.
Since seats are limited (max 50) and available on first-come-first served basis, interested members are requested to revert with the confirmations at the earliest, by providing the participant details on our e-mail id- roahmedabad@chemexcil.gov.in under cc to ed@chemexcil.gov.in & deepak.gupta@chemexcil.gov.in .
The copy of your confirmations may also be sent to rashmi@dripcapital.com .
Thanking you,
Yours faithfully,
S.G BHARADI
EXECUTIVE DIRECTOR
CHEMEXCIL
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