Opening new doors
Businesses are often unable to gain access to financing when they need it. In addition to that, Financial Institutions continue to suffer from lack of transparency and accurate trade data to enable them to make informed decisions and lend to businesses accordingly.
Our view is that money should never be a barrier for legitimate businesses wanting to expand and make their mark in global trade. That's why we've developed DP World Trade Finance, to create access to affordable working capital and open opportunities for businesses to help global trade flow.
Apply nowWhy is this important?
Small- to medium-sized businesses (SMEs) account for 50% of global trade. However, only 10% of lending from the current financial ecosystem goes to these companies, usually at an excessive cost. This means, the businesses driving half of world trade cannot access the finance they need to import, export, or grow.
Financial Institutions traditionally see SMEs as high-risk as they rarely have substantial credit histories. As a result, there is a $1.7 trillion trade gap. At a time of global inflation, this is a vicious circle. Increasing costs are making access to credit even more important and this block to global trade then acts as an inflationary pressure.
Through DP World Trade Finance, however, we are changing that for the better, providing opportunities for businesses of all sizes by offering:
- Invoice Factoring
- Invoice Discounting
- Reverse Factoring
- Trade Payables Financing
- Supply Chain Finance
How does it work?
We designed DP World Trade Finance to unlock new opportunities for businesses. We achieve this by giving them a simple digital platform to easily access finance options in a way that works for them, rather than needing to jump through the hoops of prohibitive financial requirements and copious documentation.
To help Financial Institutions assess companies, we provide unique data, visibility, and transparency on global trade movements to help them with better risk assessments and quickly identify viability of new businesses, thereby expediting the entire process for all.
We are reducing costs across the supply chain by providing both the capital and the logistics solution by bundling DP World’s financing and logistics capabilities, so that businesses can expand their operations.
CONTACT US
For further information or to speak to a member of our customer service team, we'd love to hear from you:
Call: +97148259090
Email Global: [email protected]
Email UAE: [email protected]
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