Our Trade Finance Products enables Domestic Sellers or Exporters to receive upfront payments without any risk. Use these products to streamline your collections and improve your cashflows.

* All sectors, except Perishables and Gems & Jewellery are covered in Export Factoring

Domestic Factoring

  • Sellers can assign their Accounts Receivable (AR) to a NBFC Factor
  • Buyers can get finance for their purchases via Reverse Factoring
  • No impact on your balance sheet
  • Can support 'open account' transactions also with credit worthy counterparties

Export Factoring

  • Get payment for your overseas shipment at sight of shipping documents.
  • Mitigate counterparty risks when working with overseas buyers.
BENEFITS
Reduce Working Capital Cycles

Reduced working capital requirements because of early payment option. Domestic Buyers can also get finance for their Purchases via Reverse Factoring.

No impact on Balance Sheet

Factoring is not a Loan and hence does not impact key ratios in a Balance Sheet. Hence this is useful for smaller setups also who are building their business.

Streamline your collections

Once a Factoring facility is setup, the Collections and Accounts Receivables are continuously managed by the Factoring Agency.

WANT TO LEARN MORE?

FAQ

You can register with Canopi by providing your email address, contact number & business registration details here. Registration is completely free with no obligations. You will receive a password at your registered email address.

Your proof of identity (Aadhar Card/Drivers License/Voters Id/Passport), PAN card details, IT Returns for the last 3 years, Audited Balance Sheet for the last 3 years, GST Registration Certificate, Bank Statement & GSTR3-B for the current financial year. Depending on the Loan Amount, certain additional documentation may be required.

The interest rate will be between 14-18% depending on your business. We also charge a annual processing fee of up to 2% of the facility amount.