Curant provides the most innovative financial platform to help your business operate smoothly and grow. We are always on the hunt for creative solutions for our customers. In the current economic environment, it’s important to find stable partnerships that provide the best outcomes. 

Today, we’re excited to announce our partnership with Drip Capital. Drip offers trade financing to improve cash flow. With Drip, Curant payers can finance supplier purchases, freight services, or transportation services. Customers can now apply for an unsecured line of credit up to $3M, extending their payment terms to 120 days. 

Interested customers can find more information here:

Offering trade financing services is important for freight forwarders for several reasons:

  • Cash Flow Management:

Trade financing allows businesses to manage their cash flow effectively. Freight forwarders can offer financing options to their clients, ensuring that they have the necessary funds to cover shipping costs, customs duties, and other expenses associated with international trade.

  • Risk Mitigation:

International trade involves various risks, such as currency fluctuations, political instability, and changes in trade regulations. Trade financing helps mitigate these risks by providing financial tools such as letters of credit, which can assure both buyers and sellers.

  • Competitive Advantage:

Offering trade financing can give freight forwarders a competitive edge in the market. Businesses often prefer working with logistics partners who can provide comprehensive services, including financial solutions, to simplify and streamline the supply chain process.

  • Facilitating Transactions:

Trade financing facilitates transactions by providing financial instruments ensuring payment security for buyers and sellers. This can lead to smoother and more efficient international trade transactions.

  • Customer Relationships:

Providing trade financing services builds stronger relationships with clients. It enhances customer satisfaction and loyalty by offering a one-stop solution for their logistics and financial needs.

  • Global Expansion:

As businesses expand globally, they may face challenges related to payment terms and financing. Freight forwarders that offer trade financing can support their clients' global expansion by providing financial solutions tailored to the complexities of international trade.

  • Reducing Working Capital Needs:

Trade financing helps businesses reduce their working capital requirements by providing alternative sources of funding. This is particularly important for companies engaged in large-scale international trade activities.

  • Compliance and Documentation:

Freight forwarders, as experts in international trade documentation and compliance, can assist clients in navigating the complexities of trade finance documentation. This expertise is valuable in ensuring that all necessary paperwork is for financing arrangements.

Offering trade financing services allows freight forwarders to enhance their value proposition, strengthen customer relationships, and contribute to the overall efficiency and success of international trade transactions. This enables comprehensive and integrated solutions for businesses to engage effectively in global commerce.

For details, please fill out this form:

Contact us for a demo.