Get non-recourse based financing against your exports to developed countries.
Minimum Invoice Value should be USD 25,000. 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 a Factoring Company purchases Invoice from the Exporter (Seller) and provides funding to the Exporter.
Around 80% 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.
NuPhi purchases Export Invoice from the Seller (Exporter in India) and obtains acceptance on Invoice from the Buyer directly
NuPhi disburses 80% of Invoice Value in the Account of the Exporter (EEFC Account) against purchased Invoice (net of fees)
On invoice due date, Buyer directly pays NuPhi the Full Invoice Value
NuPhi then releases the balance payment (net of fees) to the Exporter.
Overall all-inclusive pricing charged by NuPhi ranges from 0.7% per month to 1.2% per month depending upon the creditworthiness of the Buyer, Geography, underlying goods, volume, etc.
NuPhi is a Trade Finance focussed FinTech providing quick and digital export financing to SME exporters. We are applying the latest technology towards developing better ways to deliver working capital finance. NuPhi is headquartered in Singapore and also has an office in Mumbai.
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 endeavour 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.
NuPhi provides working capital for exports without any collateral or financial appraisal of exporter's business. The entire process is simple and fast
We enable peace of mind to the Exporter as we assume the risk of shortfall of payment due to Buyer's insolvency. The Exporters need not take credit insurance and can save costs.
Entire onboarding process is digital and we do not need lengthy paper work to provide funding. 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.,
#19-08 SBF Center, 160 Robinson Road, Singapore 068914
+91 91373 69284