Get non-recourse financing against export receivables to developed countries. We deliver export factoring through our multiple lender partners in India & Overseas
Minimum PO or Invoice Value should be USD 20,000. Trading History with Customer should be minimum 1 year.
No collateral required
Off-balance sheet finance
100% Credit protection against default by buyer
Quick and hassle-free documentation
Export Factoring is a Working Capital financing solution where Factoring Company purchases
Invoice from the Exporter (Seller) and provides funding to the Exporter
Generally about 80-85% of the Invoice Value is funded to the Exporter where payment risk is on the Buyer and no collateral is required from the Exporter. This is a transaction specific Working Capital Funding provided to the Exporter. Funding is provided against acceptance from the Buyer. The Partner may or may not take Credit Insurance against funding provided to the Exporter.
NuPhi has tie-ups with multiple Factoring Companies based in India & Overseas who provide Export Factoring to Indian Exporters. Soon NuPhi shall directly fund from its own balance sheet to Exporters.
NuPhi / Our Partner purchases Export Invoice from the Seller (Exporter in India) and obtains acceptance on Invoice from the Buyer directly
NuPhi arranges to fund upto 85% of Invoice Value in the Account of the Exporter (EEFC Account) against purchased Invoice (net of fees)
On due date, Buyer directly pays NuPhi /Our Partner the Full Invoice Value
NuPhi, releases balance payment net of fees / interest charges to the Buyer.
Overall all-inclusive pricing charged by NuPhi/Our Partner ranges from 8% p.a. to 12% p.a. depending upon the creditworthiness of the Buyer, Geography, underlying goods, volume,etc.
NuPhi is an online platform connecting Small and Mid-Sized businesses with Factoring
Companies to raise funding for their exports. We are applying the latest technology towards
developing better ways to deliver working capital finance.
While we may have to meet you to explain the genesis of "Nu+Phi" (pronounced as "New+Fy") and how it happened with us, for now we can share that NuPhi is an endeavor to bring new techniques in the way credit delivery is done while retaining fundamentals of old tried and tested means. It's our way to build a "New Finance era".
Simply share details of your Export transactions and basis the credit worthiness of your Buyers, NuPhi shall arrange to fund your Export Invoices post Shipment. NuPhi provides working capital for exports without any collateral or financial appraisal of your/exporter's business.
Reach out to several lenders at once and get multiple loan offers. Reduce cost of availing credit since multiple lenders compete to fund your requirement.
Entire onboarding process is digital and we do not need lengthy paper work to provide funding against export Invoices. We value the confidentiality of your business and we contact your customers only limited to confirmation of relevant invoices.
A-101, Suashish IT Park, Dattapada Pd, Magathane, Off Western Express Highway. Borivali (East), Mumbai 400 066
Elios Advisors Pte. Ltd., 8 Jalan Lembah Kallang, #06-01 Min Ghee Building, Singapore - 339564
+ 91 99309 49051