B2B trade finance firm Drip Capital secures $50m credit facility
- ByStartupStory | October 31, 2025
Drip Capital Secures $50 Million Credit Facility from TD Bank to Boost SMB Trade Finance
Drip Capital, a leading digital trade finance and B2B e-commerce platform, has secured a $50 million committed credit facility from Toronto-Dominion Bank (TD Bank), one of North America’s top financial institutions, with an additional $25 million accordion option. This marks Drip Capital’s first partnership with TD Bank and significantly strengthens its position in cross-border small and medium-sized business (SMB) financing globally.
The new credit facility will primarily support Drip Capital’s Buyer Finance programme in North America, enabling the company to extend working capital solutions to SMB exporters and importers. With this robust funding, Drip Capital aims to increase liquidity for SMBs, allowing them to expand export operations with reduced risk and without the need for collateral.
Since its founding in 2016, Drip Capital has financed over $8 billion in trade transactions across 100+ countries for more than 11,000 firms. Its digital platform offers non-recourse receivables factoring, where exporters receive immediate payment for their overseas shipments, while Drip Capital assumes the risk of payment collection from international buyers. This model alleviates cash flow constraints and mitigates credit risk for SMBs, enabling confident business growth.
India remains one of Drip Capital’s largest and fastest-growing markets, with SMBs powering nearly 40% of the country’s exports but often facing limited formal credit access. Drip Capital’s technology-driven financing bridges this gap by providing timely capital through automated risk assessment and streamlined onboarding.
The TD Bank partnership reflects growing global confidence in Drip Capital’s innovative business model and its impact on democratizing trade finance. The company’s total debt funding raised to date now exceeds $500 million, with backing from major global financial partners including Barclays, the World Bank’s International Finance Corporation (IFC), and East West Bank.
Pushkar Mukewar, Founder and CEO of Drip Capital, said, “Our mission is simple: to make global trade more accessible for small businesses. This credit facility enables us to scale our Buyer Finance programme in North America and beyond, empowering SMBs with reliable financing and trusted trade partnerships.”
Drip Capital plans to continue expanding its international footprint while maintaining focus on technology innovation, risk management, and customer-centric service to meet the evolving needs of global SMB exporters.
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