Bridging Borders: How VoloFin Empowered an SME FMCG Exporter from India​

In the dynamic world of international trade, small and medium-sized enterprises (SMEs) often face significant hurdles in securing financing,  especially when dealing with buyers across borders. Such was the case for an Indian exporter of Fast-Moving Consumer Goods (FMCG), eyeing the Dutch  market. Traditional banks, constrained by conventional lending criteria and limited information on the overseas buyer, couldn’t provide the necessary support despite the exporter’s regular orders.

Enter VoloFin, a Singapore-based fintech and factoring entity, pioneering innovative solutions for SMEs. Leveraging its extensive network of API providers, VoloFin navigated the complexities of cross-border trade finance, swiftly obtaining crucial credit information on the Dutch buyer. Armed with insights, VoloFin extended a capacity of over a few million USD to the Indian exporter, unlocking growth opportunities previously hindered by financial constraints.

VoloFin’s transformative role in facilitating this transaction underscores the pivotal role of fintech in democratizing access to finance for SMEs, transcending traditional banking limitations. By harnessing technology and fostering strategic partnerships, VoloFin exemplifies how fintech innovation can empower businesses to seize global opportunities, transcending geographical barriers and unlocking untapped potential in the ever-evolving landscape of international trade.