Reply To: For those involved in financial services, particularly trade finance, I’m curious about Drip Capital. How does this company manage to provide working capital loans to exporters despite not having a license to operate as an NBFC or a factor?

It’s essential to acknowledge that regulations and requirements for financial services, such as trade finance, can differ significantly across countries and regions. Typically, companies like Drip Capital adhere to the legal framework by collaborating with licensed financial institutions or offering alternative financial products that don’t necessitate specific licenses. Additionally, they might operate under exemptions or regulatory frameworks tailored for their services, allowing them to provide working capital loans to exporters without traditional licenses. For precise details regarding Drip Capital’s operations in your area, it’s advisable to seek guidance from legal or financial experts familiar with local regulations.