Want to improve your cash flow with our foreign accounts receivable financing solution?
Drake Finance Makes Your International Credit Sales Possible
Who we are: We are a private international trade lender that works directly with Ex-Im Bank to provide small businesses with the funding they need to keep growing and expanding into international markets.
What we do:Our international trade financing programs minimizes non-payment risk, give exporters liquidity and allow foreign buyers to purchase goods on reasonable credit terms, allowing you to stay competitive and build more business relationships.
Our International trade finance programs offer multiple cross-border trade solutions to meet your needs, which include:
- Pre-export Purchase Order Working Capital
- Foreign Receivable Financing
- Foreign Buyer Medium Term Loans for Capital Equipment Exports and
- Foreign Buyer Short-term Loans for Agricultural Exports.
Exporter Qualification Standards when it involves international account receivables financing.
- In same line of business for at least 3 years.
- Have at least one year of exporting experience.
- Had an operating profit in their most recent fiscal year.
- Positive net worth.
- Evidence of satisfactory bank credit experience.
Why Choose Us? It’s Simple!
Quick turnaround time, Low rates, no hidden fees, and second to none client service.
Drake is a non-bank lender, giving us the ability to have a simpler application process and increased turnaround time to get your trade financing in place. We make a complex process easy for you so that you can focus on your business.
Drake provides stellar client service. Our client-centric approach to solving your trade finance issues together with our quick turnaround time and responsiveness sets us apart from our competitors. Many of our clients have been with us for years.
Whether you are a new or seasoned exporter or manufacturer selling oversees, Drake will help you navigate through the entire process from beginning to end. As a private non-bank lender, we can approve trade finance loans much faster than traditional banks.
Compare Us to Traditional Banks
For example, here are some differences between Drake Finance and a traditional bank when it involves international account receivables financing.
Ready for new financing?
Do you want to grow and become competitive in overseas markets?
Applying with Drake is Fast, Free, and Simple!