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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
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EPC/LIC/EVENTS 23/05/2019
ALL THE MEMBERS OF THE COUNCIL
Gentle Reminder
Interactive session for MSME exporters 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,
This is further to our circular dated 17/05/2019 informing you that the council is organising an Interactive session for MSME exporters on "The Invoice Finance Advantage: Collateral-Free Trade Finance made Easy by Drip Capital" on 28/05/2019 in Ahmedabad.
This seminar is also supported by “The Gujarat Dyestuffs Manufacturers' Association (GDMA)”.
Please note that the objective of this interaction is to appraise member-exporters (specially MSMEs) 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 Services India LLP (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 for MSME exporters
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:
Mr. Ishan Dadhich
Regional Sales Lead (West)
M/s. Drip Capital Services India LLP
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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 very few seats are available on first-come-first served basis, interested members are once again 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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