9 Most Promising Trade Finance Companies in 2020

Trade Finance is often commonly referred to as a supply chain & export finance tool which helps business owners to handle their money better and more securely. Trade Financing is revolutionizing the sector from a paper-based system to a more efficient, digitized and transparent model of managing finances.

It is a vital tool that also helps business owners to customize their trade offerings to better meet customer’s requirements. Some reports also suggest that over 80% of global trade depends on trade financing that helps goods to continue being transported even when companies fall short of cash flow internally to finance the trade transactions.

Let’s look at the 9 Most Promising Trade Finance Companies in 2020 that help small and medium & medium businesses handle their money better and more securely –

PrimaDollar

Recently launched in India, PrimaDollar provides low-cost trade finance to importers and exporters around the world. With clients already in over 30 countries, PrimaDollar’s trade finance product is striving to become a mainstream option for mid- and large-cap companies, allowing exporters to ship promptly and importers to pay later and bridge the timing gap involved in international trade.

Blend Finance

Blend Finance is one of the leading providers of bespoke trade finance solutions to its global clients, enabling them to maximize their global business opportunities. Customized trade solutions structured by Blend’s team of trade specialists help clients optimize their trade lines all the while, resulting in increased competitiveness, optimized working capital, and reduced credit risk.

They have strategic partnerships with the leading global banks, trade funds, and large non-bank investors to provide clients with the required comprehensive solutions.

Interlink Capital

The team is specialized in providing structured financing solutions to provide competitive medium and long-term financing solutions by using commodities to achieve better financing terms and better risk profiles, and by providing open account finance to incr3ease the betterment of working capital cycle.

Their expertise in the world’s financial markets and world-wide presence gives its trade finance clients access to capital markets and a powerful distribution platform for primary and secondary markets, thereby facilitating the successful syndication of trade loans.

Mega Fin India

The organization helps deliver value and growth by assisting businesses and entrepreneurs with corporate finance arrangements and strategic consulting services to finance their businesses and projects.

Transwarranty Finance Limited

Headquartered in Mumbai, Transwarranty provides a wide range of services to over 1,000 Large, Small and Medium companies and thousands of retail clients all over India, since 1994. Transwarranty is a Reserve Bank of India (RBI) registered Non-Banking Finance Company (NBFC) listed on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance and providing Business & Retail Loans against collateral security of immovable property, liquid assets like shares, other financial assets, gold jewelry, etc.

Radiance Financial Services

It is a boutique investment banking services company headquartered in Mumbai, Radiance is among the few specialized agencies in India which customize and structures clients’ requirement of funds in emerging as well as developed economies and delivers cost-effective and innovative solutions. A thorough understanding of diverse sectors within the Investment Banking team is well supported by years of experience.

Swift India

SWIFT India Domestic Services Pvt Ltd is a financial messaging services provider formed by SWIFT SCRL and Indian banks, for the domestic Indian financial community and by the community. Through shared resources and capital, SWIFT India functions intending to enable the harmonized exchange of structured financial information between domestic participants in the domestic Indian community.

Cargill Trade & Structured Finance

The company provides financial solutions that facilitate trade and mitigate trade-related risks for companies doing business in emerging and developed markets. We work closely with customers, often including other Cargill businesses, to create financing structures that enable the buying and selling of agricultural and other commodities while mitigating risks associated with cross-border transactions.

Adam Smith Associates

It is one of India's leading Trade Finance Company, performing the business of arranging trade finance and providing consultancy, advisory, structuring, and management services relating to trade finance transactions. One of its main expertise is in commodity trade finance. Adam Smith Associates work hand in hand with Indian and International corporations and banks to manage complex trade finance structures.

Drip Capital

Drip Capital offers working capital from USD 100 thousand to USD 2.5 million, depending on the exporter’s size and requirement basis the invoice raised by the exporter. The quick credibility assessment of the buyer and exporter is done via an automated analytical tool developed by the company.

The financing is unsecured and offered without any collateral. Exporters can apply to Drip by completing a 10-minute online application, requiring minimal paperwork. Drip uses electronic data and an automated risk assessment platform, thereby ensuring a quick turnaround of 48 to 72 hours.