Supplier program · Indian exporters · Pilot program
Rhofin finances your US buyer. You simply get paid.
You keep your customer, your commercial relationship and control of buyer communication. Once the eligible goods ship, Rhofin pays the approved balance directly to you, in US dollars, and you are credited the full amount. Your buyer repays Rhofin before the cargo is released in the US. No Rhofin financing fee is deducted from your payment. Once Rhofin has paid you, you do not retain the buyer's repayment risk.*
Start with one buyer today. Named, indicative view within 48 hours.
Available on ocean shipments from India to qualifying US business buyers moving through a participating logistics provider, including ECU Worldwide, part of the Allcargo Group. Financing availability varies by state. Each transaction is subject to buyer eligibility, your AD bank's written confirmation that it will accept a third-party receipt, verification, credit approval and applicable law.
A US$50,000 order, illustrated
Initial transactions are generally between US$25,000 and US$50,000.
US$15,000
Your buyer pays upfront, direct to you, at order. Typically around 30% for initial transactions.
US$35,000
Rhofin pays you the remaining balance, direct, at shipment.
US$50,000
100% of invoice value, received within one business day of shipment confirmation, credited in full.
Rhofin financing cost to you: ₹0
Your buyer repays Rhofin at arrival, before the cargo is released in the US.
Illustrative example, not an offer. The upfront contribution is agreed between you and your buyer and may be subject to Rhofin's transaction requirements. Rhofin finances the approved remaining supplier balance. Payment is made gross: Rhofin bears all correspondent bank charges, so you are credited the full amount. Payment is final once made, except for established fraud or material breach of specified supplier warranties; a refund is required only in the limited circumstances in the terms. Payments are made in US dollars; rupee figures are approximate, based on a recent exchange rate, and shown for information only.
Launching in India with participating logistics providers
One shipment, start to finish
Tell us your buyer. Ship. The money arrives.
Before the first payment, once
Contract clause and legend, signed once
Before the first payment, your sales contract with your buyer records that Rhofin may pay the balance on the buyer's behalf, and names Rhofin and its account. Your purchase order and invoice carry a short third-party payer legend. Signed once.
Your AD bank's written go-ahead
Rhofin pays you as your buyer's financier rather than your buyer. Before the first payment we ask your Authorised Dealer bank to confirm, in writing, that it will accept and apply the third-party receipt against your export. Silence is not confirmation. We do not pay until your bank has said yes.
One AD bank, one branch
Your buyer's deposit, Rhofin's payment and any balance all arrive through the same Authorised Dealer bank, at the branch whose AD Code is on your shipping bill where your bank's procedure allows, so the receipts reconcile to your shipping bill.
Order
Your buyer pays the upfront contribution direct to you. Typically around 30%.
Shipment confirmed
You book and ship as usual. The logistics provider confirms your shipment.
You are paid
Rhofin wires your remaining balance, in US dollars, within one business day. You are credited the full amount.
Arrival in the US
Your buyer repays Rhofin. Only then is the cargo released.
Indian port of loading · participating logistics provider
Ocean transit · typically 35 to 55 days
US CFS · release only against Rhofin's instruction
Illustrative flow. Payment is subject to the conditions in clause 4 below. Transit times vary by route.
The alternatives
What Indian exporters do when a smaller US buyer asks for terms.
Lose the order
Demand 100% advance payment.
Smaller US buyers rarely pay the full amount before shipment. Insisting on it means the order goes to a competitor who will take the risk or offer the terms.
Wait for payment
Ship on D/P or CAD terms.
Your money is at sea for 35 to 55 days. If the buyer does not take up the documents, your container sits at a US port accruing charges, 12,000 kilometres from your desk, with a distress sale as the exit.
No buyer limit
Ask your export factor.
Non-recourse export factoring generally requires a sufficient credit-insurance limit (in India, typically ECGC cover) on your buyer. Smaller or less-established US buyers often do not qualify for enough cover. Without it, the factor cannot take the risk.
With Rhofin
You get paid at shipment. Rhofin finances your US buyer.
Rhofin extends the financing to your US buyer, secured on the financed cargo and its proceeds. You are the payee, not the borrower. There is no facility, no limit application and no financing cost. Rhofin pays you gross and bears all bank charges, so you are credited the full amount. Once Rhofin has paid you, you do not retain the buyer's repayment risk. Payment is final once made, except for established fraud or material breach of specified supplier warranties. An ordinary commercial dispute with your buyer is not, by itself, grounds to reclaim it. Your buyer's own rate and total cost are shown to them before they commit; see Rhofin's buyer pricing.
Getting started
Getting started takes three steps.
Rhofin never contacts a buyer you nominate before you introduce us. The introduction is yours to make, when the indicative view is in your hands.
- 1
Tell us which US buyers you supply
Start with one buyer or list several for an initial fit check. Company name and city are enough; no invoices, no volumes, no contact persons at this stage. We match names against US customs records.
Free · No obligation · Confidential
- 2
Get an indicative view
Within 48 hours we tell you whether the buyer appears eligible and the indicative transaction size we may be able to support. If we cannot proceed, we tell you in writing and explain why.
Indicative only · Not a commitment
- 3
Make the introduction
Forward the one-page buyer invitation. Your buyer signs one agreement online and completes onboarding once. Your pricing and your purchase order stay between you and your buyer; Rhofin's terms to your buyer are shown to them up front.
Your relationship · Your timing
Trust and control
Built for Indian exporters.
Built into the logistics network
ECU Worldwide
An Allcargo Group company
One of the world's largest LCL consolidation networks · 160+ countries
From Mumbai / Nhava Sheva, Mundra, Chennai, Tuticorin and Kolkata · LCL and FCL, ocean only · Approved lanes and approved suppliers only
Network figures as reported by Allcargo/ECU, 2026.
You ship as usual. We handle the financing.
Use the familiar ECU Worldwide shipping process. Once your order is confirmed, Rhofin pays your approved balance directly, on your buyer's behalf, and you ship within the agreed window. Your buyer then repays Rhofin before the goods are released in the US.
Logistics controlled
Financing runs on shipments moving through participating logistics providers. In India that begins with ECU Worldwide, part of the Mumbai-headquartered Allcargo Group. The documentary controls behind the financing are what make payment at shipment possible.
AD bank documentation ready
Rhofin pays you as a third party on your buyer's behalf, gross, so you are credited the full amount. The buyer's deposit and Rhofin's advance run through the same AD bank so the receipts reconcile to your shipping bill, and before the first payment we get your bank's written confirmation that it will accept and apply the third-party receipt.
You stay in control of your buyer relationship
You manage your commercial relationship and day-to-day buyer communication. Rhofin never contacts a nominated buyer before you introduce us; after that, we communicate with your buyer only about the financing, repayment and cargo-release requirements.
US financing
Rhofin Inc. is a Delaware-incorporated nonbank commercial finance company. Financing is extended in the United States to eligible US commercial buyers under US law. Availability varies by state. You are paid from the United States.
How payment to India works
Indian export-payment rules permit third-party export receipts through the banking channel, subject to the applicable FEMA/RBI framework and acceptance by your AD bank. Rhofin pays the approved balance in US dollars from the United States directly to your company's bank account, on your buyer's behalf, gross, so you are credited the full amount. Before the first payment we obtain your AD bank's written go-ahead, and the buyer's deposit and Rhofin's payment run through the same AD bank so the receipts reconcile to your shipping bill. We provide a documentation pack linking the payment to your invoice and shipping bill so your bank can credit the funds and match them to the export.
Request sample payment documentation →
Nothing on this page is advice on Indian foreign-exchange, tax or customs law. Your compliance under FEMA, GST and export-incentive rules remains your responsibility; Rhofin provides transaction documentation to support it. See clause 6 below.
How and when you are paid
Rhofin pays you within one business day of confirmed shipment, in US dollars, gross: Rhofin bears all sending, correspondent and beneficiary bank charges, so you are credited the full amount, and if a bank in the chain deducts anything, Rhofin makes up the shortfall within five business days. Your buyer's deposit, Rhofin's payment and any balance all arrive through the same Authorised Dealer bank, at the branch whose AD Code is on your shipping bill where your bank's procedure allows, so the receipts reconcile to one shipping bill. See clause 4 below.
How is the transaction secured?
The controls sit in the paperwork, not in your shipping process. Custody of the goods is confirmed by the logistics provider, and the negotiable bill of lading is issued to order as Rhofin directs, with telex and express release disabled. The cargo is released in the US only against Rhofin's instruction. Confirmed custody and the issued bill of lading are what trigger your payment, which follows within one business day. The conditions in full are in clause 4 below.
What if my buyer does not pay after you have paid me?
Once made, payment to you is final and is not conditional on your buyer repaying Rhofin. It may be reclaimed only for established fraud or material breach of the specified supplier warranties; an ordinary commercial dispute between you and your buyer does not, by itself, affect it. The full terms are in clause 5 below.
When can a completed payment be reversed?
Rarely, and only in the limited circumstances set out in the terms: if the export is cancelled, materially short-shipped or rejected before completion, or the payment is a duplicate or an overpayment, the affected amount is refunded in full, in the currency received, to Rhofin's account through the same AD bank, with no set-off against another transaction; and for established fraud or a material breach of your warranties. An ordinary commercial dispute with your buyer is not one of them. See clause 5 below.
What does my buyer pay?
The financing cost is your buyer's, and no Rhofin fee is deducted from your payment. Your buyer's own rate and total cost are shown to them before they commit, and Rhofin's buyer pricing is published on this site. See clause 3 below.
What happens to my GST and export-incentive claims?
Your export documentation follows your normal process, with the third-party payment arrangement declared on the shipping bill. Rhofin's documentation pack links the payment to your invoice and shipping bill so your AD bank can match the remittance to the export, and your EDPMS and e-BRC closure, and your GST and export-incentive claims, remain yours to complete in the normal way. See clause 6 below.
The confidentiality undertaking in full
Rhofin never contacts a nominated buyer before you introduce us, and never solicits or markets to one independently. If you decide to proceed, you make the introduction. After that, Rhofin deals with your buyer directly, only for onboarding, documentation and the financing itself. Nominations are held under a mutual confidentiality undertaking built into the nomination form, and at the nomination stage we ask for nothing beyond the buyer's company name and location. For most ocean freight into the United States, that information is already available in public customs records. We use lawfully available US customs records and other commercial data sources for one purpose: to assess whether we can finance the buyers you name.
Who is behind Rhofin
Rhofin is led by founder Christoph Gugelmann (ex-Goldman Sachs, Bank of America, Tradeteq), CTO Nathan Driscoll (architect of Tradeteq's platform), and board member Vaishnav Shetty (Deputy MD at Allcargo Global), supported by an executive team with decades of global banking and trade-finance experience.
See the Important information below.
Approved lanes only
Check if your US buyers qualify.
Tell us who you would sell more to if payment were not the problem. Start with one buyer or list several. We return a named, indicative financing view within 48 hours. If we cannot proceed, we explain why in writing. Free, confidential, and no obligation on you or your buyer.
This is a preliminary enquiry, not an application. No credit check is run on you at this stage, and none is run on your buyer until the buyer itself applies. Three things have to work: your buyer has to be eligible, your AD bank has to be able to accept a payment sent by your buyer's financier, and your shipment has to be routed so Rhofin can control release in the US. We assess all three. See clause 2.
Prefer to read first, or talk it through?
Download the supplier program brochure(PDF)Slots show in your local time.
The full terms
Important information
10 clauses · Supplier program, India · Version 2026-08-26.2 · Effective 26 August 2026
01
Who we are. Rhofin Inc. is a nonbank commercial finance company incorporated in the United States. Rhofin is not a bank, does not accept deposits and does not hold customer funds. Rhofin does not extend credit to the Indian exporter, accept deposits in India or provide an Indian banking facility; it makes third-party export payments from the United States in connection with financing extended to eligible US buyers. Indian export and foreign-exchange requirements continue to apply to the exporter and its AD bank.
02
What this page is. This page describes a program under which Rhofin finances qualifying US business buyers and pays their Indian suppliers direct. Nothing here is an offer or commitment to finance any buyer, to make any payment, or to purchase any receivable. A buyer nomination is a preliminary enquiry, not an application; an indicative financing view is an indication, not a commitment. Every transaction is subject to buyer eligibility, verification, credit approval, definitive documentation and applicable law, and financing availability varies by state. Once a buyer itself applies, credit decisions and their reasons are communicated to the buyer. Those documents govern; nothing on this page varies them.
03
You are the payee, not the borrower. The financing is a secured commercial loan extended to your US buyer. No facility is extended to you, no financing charge is made to you and no Rhofin fee is deducted from your payment. Each payment is made gross: Rhofin bears all sending, correspondent and beneficiary bank charges, so you are credited the full amount stated in the payment notice. If a bank in the payment chain nevertheless deducts a charge, Rhofin remits the shortfall to the same account within five business days, against the same payment notice, so that the amount credited matches your shipping-bill value. Your buyer's repayment obligation, and the collateral securing it, are matters between Rhofin and your buyer.
04
Conditions to payment. Rhofin pays your remaining balance within one business day after all of the following: a signed sales contract between you and your buyer that expressly permits Rhofin to pay the balance for your buyer's account and identifies Rhofin, and the purchase order and commercial invoice carry the third-party payer legend; custody of the goods is confirmed by the participating logistics provider; the negotiable bill of lading is issued to order as Rhofin directs, with telex and express release disabled; your commercial invoice, purchase order and packing list conform to each other and to the shipment record; your bank account is verified in your company's legal name; and screening under clause 6 is clear. If a condition fails, we tell you which one, in writing.
05
Finality, warranties and refunds. Once made, payment to you is final and is not conditional on your buyer repaying Rhofin. You give specified warranties that the documents are genuine, the transaction is a genuine sale of your own unencumbered goods, and the goods shipped are the goods described in the documents. A refund is required only in limited circumstances: a cancelled, materially short-shipped or rejected-before-completion export, a duplicate payment or overpayment, established fraud, or material breach of those specified warranties; where a refund is due it is returned in full, in the currency received, through the same AD bank, with no set-off against another transaction. An ordinary commercial dispute between you and your buyer, including a quality or conformity claim, does not, by itself, make your payment conditional on the buyer repaying Rhofin. If your buyer defaults, Rhofin controls and may realise the cargo; you may be offered a first option to repurchase the goods before any third-party sale. That option is a right, never an obligation.
06
Payments to India; regulatory. Payments are remitted from the United States in US dollars through the banking channel, only to the verified account in your company's legal name, with the payment instruction identifying Rhofin as the third-party payer and referencing the underlying invoice and, once filed, your shipping bill. Payment is made gross, so you are credited the full amount; your buyer's deposit, Rhofin's payment and any balance are received through the same Authorised Dealer bank, at the branch whose AD Code is used for the shipping bill unless your bank routes inward remittances to a central unit, so the receipts reconcile to one shipping bill. Indian export-payment rules permit third-party export receipts through the banking channel, subject to the applicable FEMA/RBI framework and acceptance by your AD bank. Before the first payment, Rhofin provides a documentation pack linking the payment to your invoice and shipping bill, including the third-party payer legend on your purchase order and invoice and any acknowledgment your AD bank requires, and Rhofin requires your bank's written confirmation that it will accept and apply the third-party receipt before the first payment. You are responsible for your own compliance with FEMA (including declaration of the third-party payment arrangement on the shipping bill and your EDPMS and e-BRC closure), GST and export-incentive rules, and for your AD bank's requirements. Risk-based sanctions and trade-compliance screening runs at onboarding, at each payment and before each release, and payment may be withheld where screening is not clear.
07
Buyer confidentiality. Rhofin will not contact a nominated buyer before you introduce us, and will not solicit or market to a nominated buyer independently; once you make the introduction, Rhofin deals with the buyer directly only for onboarding, documentation and the financing. Nominations are held under a mutual confidentiality undertaking and used only to assess and document transactions under this program. Rhofin may use public US customs records and other lawful data sources in that assessment.
08
Goods in scope. Standard, identifiable goods with an established resale market, shipped by ocean. Examples: home textiles, furnishings, hardware, kitchenware, auto components and packaging. Out of scope: commodities, seasonal goods and fungible bulk, goods not identifiable by container and lot marks, perishables, hazmat, pharma, alcohol, tobacco, weapons, and sanctioned or high-risk supply chains. Approved lanes and approved suppliers only.
09
Logistics and control. Financing requires the shipment to move through a participating logistics provider. The goods travel under a negotiable to-order bill of lading held to Rhofin's order and are released only against Rhofin's release instruction, under a procedure agreed in advance with the responsible logistics provider. Logistics services are provided by the logistics provider under its own terms; Rhofin is not a carrier, forwarder or customs broker.
10
No advice; law. Nothing on this page is legal, tax, accounting, foreign-exchange or financial advice in any jurisdiction. The documents you sign with Rhofin are governed by the law stated in them.