This is not a personal loan. This is a business line of credit called Drip Financing. This form of vendor financing helps improve your cash flow by directly funding your vendors and suppliers. It alleviates payable financing needs, reduces supplier stress, strengthens business relationships, and increases your potential for growth.
While not required, you have the option to make partial payments before the financing term ends. There are no prepayment charges, giving you flexibility in managing invoice or inventory financing.
No, there are no payments required during the financing term. You can choose to pay the full amount at the end of the term—up to 90 days—making it ideal for managing inventory purchases, vendor financing, and other payables.
Drip provides higher credit limits and longer payment terms. It offers more flexible repayment options than a credit card. While credit cards often have lower limits and higher interest rates, vendor financing through Drip Capital is tailored for business growth, helping you manage cash flow and supplier credit more efficiently.