Credlix Crosses USD 1 Billion in Export Financing for MSMEs

Credlix, the cross-border trade financing platform from Moglix, has crossed USD 1 billion in export financing disbursed to Indian and global MSME exporters — and has committed more than USD 100 million towards financing Mexican companies in FY27 as trade along the India–Mexico corridor deepens.

The milestone covers more than 1,000 MSME exporters financed across five markets — India, Mexico, the United States, the Middle East and Singapore. The announcement was carried by Mint, Entrepreneur India, SMEStreet and more than 40 other print and online publications across seven languages.

As featured in

Selected coverage from national business media and regional dailies across India.

What Credlix announced

Credlix has crossed USD 1 billion in cumulative export financing, making it one of India’s larger specialist providers of cross-border working capital for small and mid-sized exporters. The platform has financed over 1,000 MSME exporters to date across India, Mexico, the United States, the Middle East and Singapore.

For FY27, Credlix has set out two commitments. It will deploy more than USD 100 million towards financing Mexican companies, supporting Indian manufacturers that supply Mexican buyers. Separately, it is targeting more than USD 500 million in financing for exports originating from India alone.

Credlix operates through a combination of an RBI-regulated NBFC in India and an IFSCA-regulated entity at GIFT City. That structure lets the platform finance Indian manufacturers and overseas buyers on the same transaction, and disburse in USD, EUR and GBP.

Why the India–Mexico corridor

India–Mexico bilateral trade has crossed USD 11 billion, and Mexico’s position within North American supply chains has made it an increasingly important destination for Indian manufacturers in auto components, engineering goods, chemicals, textiles and electronics.

The financing gap on that corridor is a practical one. An Indian exporter shipping to a Mexican buyer typically waits 60 to 120 days for payment, while continuing to fund raw material, labour and freight. Credlix’s FY27 commitment is aimed squarely at that working-capital gap — financing the receivable so the exporter is paid shortly after shipment rather than after the buyer’s credit period runs out.

Related reading: Mexico import duty and tariffs guide · Financing for global buyers

India’s export factoring gap

India’s merchandise exports reached USD 173.78 billion between April and July of FY27, a growth of 17.04%. Yet export factoring penetration in India remains below 1% of exports — far behind markets where factoring is an established part of the trade finance mix.

Part of the reason is structural. Domestic mechanisms such as TReDS were designed for a different context, where buyer verification, KYC, recovery processes and regulatory requirements all work differently from overseas trade. Financing a cross-border receivable requires the ability to underwrite a buyer sitting in another jurisdiction, manage collections across currencies, and carry credit risk that a domestic platform is not set up to hold.

“India’s export factoring market is still at an early stage compared with more developed markets, where factoring is significantly more established. With factoring penetration in India at below 1% of exports, there is an opportunity to build greater awareness and specialist capabilities to help MSMEs secure export finance and scale their global businesses.”— Rahul Garg, Founder & CEO, Credlix

“Domestic mechanisms such as TReDS were designed for a different context, where buyer verification, KYC, recovery processes and regulatory requirements work differently from overseas trade. Building stronger participation from overseas buyers can help more Indian MSMEs access export finance and expand into new markets, as India realises the market-access opportunities created through FTAs.”— Pramit Joshi, Vice President, Credlix

How Credlix finances exporters

Credlix provides collateral-free, non-recourse working capital against export receivables and purchase orders, with decisions based on the strength of the overseas buyer rather than the exporter’s balance sheet alone:

• Export factoring — up to 90% of the invoice value released within 24–48 hours of shipment, in USD, EUR or GBP.
• Purchase order financing — pre-shipment funding to buy raw material against a confirmed export order.
• Sales bill discounting — post-shipment liquidity against export invoices.
• Import factoring and global buyer financing — extended credit terms for overseas buyers of Indian goods.

Media coverage of the announcement

The announcement was covered in more than 45 print and online placements across English, Hindi, Bengali, Kannada, Telugu, Punjabi and Urdu, spanning national business media and regional dailies in Kolkata, Bengaluru, Hyderabad and Ludhiana.

National & business media

• Mint — Credlix crosses $1 bn in export financing for MSMEs (exclusive, print & online)
• Entrepreneur India
• SMEStreet
• Metro India
• India CSR

Kolkata & East

• Dainik Vishwamitra — print, Hindi
• Arthik Lipi — print, Bengali
• Taasir — print, Urdu
• Info India — print
• Poorva Express — print
• Satyavani — print
• Samagya — print
• Online: Insight Wire, Vastab Katha, Times Today Online, Koushani Media, The Chronicle Express, News Nation 360, The Bengal, News 7V, Mongalkote, Express News Bangla, DailyHunt (Bengali syndication)

Hyderabad & Telangana

• Andhra Prabha — print, Telugu
• Mana Telangana — print, Telugu
• Nava Telangana — print, Telugu
• Praja Sakti — print, Telugu
• Suryaa — print, Telugu
• Visalaandhra — print, Telugu
• Online: 365 Telugu, Akshara, Telugu Times

Bengaluru & Karnataka

• Samyuktha Karnataka — print, Kannada
• Suvarna Times of Karnataka — print, Kannada
• Sanjevani — print, Kannada
• Indusanje — print, Kannada
• Sanje Samaya — print, Kannada
• Udayakala — print, Kannada

Ludhiana & North

• The Tribune — print, English
• Aaj Samaj — print, Hindi
• Democratic Front — print, English
• Kuber Kesari — print, Hindi
• Anant Gian — print, Hindi
• Punjab Express — print
• Yug Marg — print

Frequently Asked Questions

How much export financing has Credlix disbursed?

Credlix has crossed USD 1 billion in cumulative export financing, disbursed to more than 1,000 MSME exporters across India, Mexico, the United States, the Middle East and Singapore.

What has Credlix committed to the India–Mexico trade corridor?

Credlix has committed more than USD 100 million in FY27 towards financing Mexican companies, supporting Indian manufacturers that supply Mexican buyers. India–Mexico bilateral trade has crossed USD 11 billion.

What is export factoring, and how common is it in India?

Export factoring is the sale of an export invoice to a financier at a discount, so the exporter is paid shortly after shipment instead of waiting out the buyer’s credit period. In India, export factoring penetration remains below 1% of total exports — well behind more developed trade finance markets.

How is Credlix regulated?

Credlix operates through an RBI-regulated NBFC in India together with an IFSCA-regulated entity at GIFT City, which allows it to finance both Indian manufacturers and overseas buyers, and to disburse in USD, EUR and GBP.

Which exporters can use Credlix?

Credlix finances MSME exporters shipping to buyers in Mexico, the United States, the Middle East, Singapore and other markets, across sectors including auto components, engineering goods, chemicals, textiles and electronics. Financing is collateral-free and assessed largely on the strength of the overseas buyer.

About Credlix. Credlix is the cross-border trade financing platform from Moglix. It provides collateral-free export factoring, purchase order financing, sales bill discounting and import factoring to MSME exporters and global buyers, operating through an RBI-regulated NBFC in India and an IFSCA-regulated entity at GIFT City. Credlix has financed over USD 1 billion for more than 1,000 MSME exporters across India, Mexico, the United States, the Middle East and Singapore.

Media contact. marketing@credlix.com · More Credlix news