U.S. Capital Equipment Export Financing Program
This program is ideal for U.S. exporters selling capital equipment to international buyers. Purchasing this type of equipment is expensive 코룸 외전 다운로드. U.S. exporters typically require payment upon delivery of goods which can be difficult for international buyers.
Our Equipment Export Financing program allows international buyers to pay for their equipment over time while Drake Finance advances up to 85% of the purchase order to the U.S. exporter with no Letter of Credit, collateral, or avals required of the international buyer.
How It Works
- U.S 인공위성 다운로드. exporter presents shipment documents including the invoice, purchase order, bill of lading, and an exporter’s certificate.
- Upon successful review, Drake Finance advances up to 85% of the international buyer’s purchase order and the U.S. exporter receives payment in as little as 48 hours from the time shipment documents are processed.
- Typically, the international buyer provides the US exporter the remaining 15% as a down payment 말 게임 다운로드.
- The international buyer then pays Drake Finance over time. It’s that simple!
Coverage & Terms
- Equipment must be at least 80% U.S. content.
- Medium-term financing available from 2 to 10 years, and more if the export is an energy product.
- Protection against risk through Ex-Im Bank Export Credit Insurance or Ex-Im Bank Guarantee hippochart.
- No Letter of Credit, collateral or avals required of foreign buyer.
- Submit 3 years of audited financial statements from foreign buyer to firstname.lastname@example.org.
- If our credit criteria are met, Drake Finance will issue a Letter of Intent within 24 hours.
- Drake Finance interacts with you and your international buyer to gather all required information and keeps you up to date every step of the way mac os 시에라 다운로드.
- Drake Finance prepares your Ex-Im Bank application and is reviewed by our legal counsel, Chief Credit Officer and Managing Principal before submission.
- Approval for financing averages 60 days. Once you are approved by Ex-Im Bank, Drake can begin financing.
Contact us for more information at (305) 854-0101 and speak with our Managing Principal, Richard H 스노우 다운로드. Lopez, Esq. directly to discover how our program can help you grow your business.
Ready for new financing?
Do you want to grow and become competitive in overseas markets?
Applying with Drake is Fast, Free, and Simple return contract creeptrack!
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. To get started, apply online or give us a call at (305) 854-0101.
What Makes Us Different cd 번호부?
Unlike traditional bank loans, we offer a variety of trade finance solutions to meet your specific needs. 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 런닝맨 게임 다운로드. 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.