US International Trade Financing | Drake Finance, Inc.

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US International Trade Financing | Drake Finance, Inc.

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Drake Finance offers United States exporters, export receivable financing when its foreign receivables is insured through the Export-Import Bank of the United States (Exim Bank), the official export credit agency of the United States. Contact Us: Drake Finance Group, Inc., 5201 Blue Lagoon Drive, Suite 807, Miami, FL 33126, Call us at (305) 854-0101, Website: – PowerPoint PPT presentation

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Title: US International Trade Financing | Drake Finance, Inc.


1
About us
  • Founded in 2000, Drake Finance was originally
    created to provide international trade finance
    for U.S. companies. Our mission is to help
    U.S.-based businesses grow by providing the
    necessary financing/liquidity for its
    international sales. Since then, our company has
    grown to include a broad range of products and
    services aimed at helping U.S. companies succeed
    locally and in the global marketplace.
  • Headquartered in Miami, Florida, Drake Finance
    serves U.S. companies nationwide and provides
    clients from all over the world with innovative
    and accessible financing solutions.

2
Medium Term Export Financing
  • Program
  • Available for foreign buyers of US manufactured
    capital equipment.
  • Financing terms are typically between 2 and 5
    years and in certain cases may go up to 10 years.
  • Payments made by buyer in arrears every six
    months with possibility of 1 year grace period.
  • Drake will finance foreign buyer directly.
    Exporter will have full payment in hand upon the
    presentation of required shipment documents.
  • Benefits to the Exporter
  • Competitive financing terms to the foreign buyer,
    critical to winning export sales.
  • Very competitive rates.
  • Financing is 100 non-recourse to the exporter.

3
Short-Term Export Receivable Financing
  • Program
  • Allows U.S. exporters to provide foreign buyers
    with credit terms up to 180 days (possibly up to
    360 days).
  • Drake Finance will provide exporter with
    liquidity (up to 90) on the foreign buyers
    insured invoice.
  • Funding by Drake Finance to exporter is provided
    without blanket liens on assets or personal
    guarantees of shareholders.
  • Program can be set up and fully operational in as
    little as two weeks.
  • Benefits to the Exporter
  • Providing credit terms creates a competitive
    advantage and will impact favorably on export
    sales.
  • Allows exporter to expand into new and existing
    markets with confidence.
  • Immediate liquidity for exporter upon shipment.
  • Funding is on a non-recourse basis.

4
Pre-Export Working Capital
  • Program
  • Available for Florida exporters.
  • 100 of the exporters invoice to its supplier is
    paid when the materials purchased are in
    connection with an export sale.
  • Provides exporter with liquidity to fulfill
    purchase order requirements.
  • Benefits to the Exporter  
  • Can allow exporter to take advantage of cash
    discounts from supplier.
  • Funding under the program may be essential when
    bank financing is not available.

5
Bulk Agricultural Commodity Export Financing
  • Program
  • We can finance foreign buyers imports of U.S.
    bulk agricultural products for up to 180 days.
  • Benefits to the Exporter
  • Payment to the exporter is made at the time of
    shipment on a non recourse basis.
  • Financing provided to foreign buyer may be
    critical to the exporter in securing a foreign
    sale.

6
Ex-Im Bank Export Credit Insurance
  • Program
  • Provides exporters with up to 95 political and
    commercial risk protection for approved foreign
    buyers.
  • Benefits to the Exporter
  • Risk mitigation safeguard against nonpayment
    from foreign buyer.
  • Increased competitiveness unlock the ability to
    offer foreign buyers the credit necessary to
    expand into new markets and boost sales with
    existing customers.
  • May assist exporter in obtaining liquidity from
    financial institutions.

7
Contacts
  • Drake Finance Group, Inc.
  • Richard H. Lopez
  • Phone (305) 854-0101
  • Fax (305) 629-3237
  • E-mail rlopez_at_drakefinance.com
  • Bob Sloan
  • Phone (305) 854-0101
  • Fax (305) 629-3237
  • E-mail bksloan_at_drakefinance.com

8
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