Tech
Drip Capital Nets $50 Mn Debt To Offer Working Capital To SMBs
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SUMMARY
The deal will also have an additional $25 Mn accordion feature, which means that Drip Capital will be able to extend its credit line without negotiating a new agreement
The fresh proceeds will be utilised to scale up the startup’s trade finance platform and its volume
Founded in 2015, Drip Capital offers trade financing solutions to small and medium business (SMB) clients in India, the US and Mexico
Trade financing startup Drip Capital
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