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Drip Capital Secures $50 Million TD Bank Credit Line to Expand North American Buyer Finance

The TD-led facility bolsters funding for Drip Capital’s North American programme, reflecting its profitable, debt-led expansion.

Overview

  • The committed facility includes a $25 million accordion, giving Drip Capital the option to upsize the line without a new agreement.
  • It is the company’s first partnership with TD Bank and lifts total debt funding to more than $500 million alongside backers such as Barclays, IFC and East West Bank.
  • Drip Capital says the capital will scale its Buyer Finance offering for SMB importers and exporters across North America.
  • The company reports financing over $8 billion for more than 11,000 firms worldwide, operating at roughly a $2.5 billion annual run rate with India contributing about 50–60% of volumes.
  • Management says the firm has been profitable for over 18 months, grew its FY25 top line about 20%, projects roughly 25% growth in FY26 and plans additional debt raises next year without near-term equity.