Agricultural Export Financing

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United States Bulk Agricultural Export Financing Program

When international customers shop around for goods, they are not just considering the quality of your product. In developing and emerging markets especially, customers are looking for the best terms offered. In many cases, this is synonymous with the open account payments term extended Iowa Showers.

Through this program, Drake Finance pays up to 100% of the purchase order to the United States exporter with no Letter of Credit, collateral or avals required of the foreign buyer. While the United States exporter is able to obtain cash and liquidity upon shipment, the international customer is extended credit terms of up to 180 days 잊지마요 다운로드.

Our financing allows United States exporters of agricultural products to offer international customers more favorable financing rates and terms than they would be able to obtain in their own countries. Learn more about how Drake Finance and the Export-Import Bank of the United States (Exim Bank) work together by clicking here 워크 래프트 1 다운로드.

How the United States Bulk Agricultural Export Financing Works

1. The United States exporter presents Drake Finance with a copy of the following:

Invoice issued to international customer from U.S. exporter
Purchase Order from international customer to U.S. exporter
Bill of Lading, evidencing export shipment from transport company
United States Exporter’s Certificate from U.S Ms office 2016 mac Hangul download. exporter

Upon approval, Drake Finance will advance up to 100% of the foreign buyer’s purchase order to the United States exporter within 48 hours.

2. The international customer pays Drake Finance back over time for its purchase. It’s that simple!

Recap: The United States exporter is able to sell its agricultural product to its international customer as if it were receiving cash on delivery (COD) free background music. Meanwhile, its international customer is extended generous credit terms.

Getting Started is Easy!

Take a moment to fill out our online application and we’ll get back to you within 1 business day. Foreign buyers are required to submit the last 3 years of audited financial statements to rlopez@drakefinance.com for immediate consideration 갓오브하이스쿨 다운로드. If our credit criteria are met, Drake Finance will issue a Letter of Intent within 24 hours. Approval for this program averages 30 days.

Contact us for more information or call (305) 854-0101 to speak with our Managing Principal and Board-Certified International Lawyer, Richard H. Lopez, Esq. directly.

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Do you want to grow and become competitive in overseas markets?

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Applying with Drake is Fast, Free, and Simple!

With just one quick and easy step, a U.S. exporter can be on its way to acquiring working capital to help its business grow and thrive English resume sample. To get started, apply online or give us a call at (305) 854-0101.

What Makes Us Different?

Unlike traditional bank loans, we offer a variety of trade finance solutions to meet your specific needs 이장과 군수 다운로드. Traditional banks take longer and require massive amounts of sensitive information before you can even be considered for financing. Their approval time can take weeks or even months. Our professionals have over 100 combined years of international trade finance experience and it is all we do.

At Drake Finance, you can be approved in a timely manner and receive your funds in just 2 days from the date you ship. We never have fees or any obligations for you to apply, and we offer some of the best pricing around. We are a private non-bank lender which allows us to move quickly unlike traditional banks that are subject to massive regulatory restraints and several committee approval processes.