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Title:

Equipment Export Financing Program

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Drake Finance provides U.S. companies nationwide with the liquidity they need to thrive in the business world. 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.exporters. Contact Us: 5201 Blue Lagoon Dr, Miami, FL 33126 Phone305) 854-0101 Fax305) 629-3237 Email:info@drakefinance.com Visit:www.drakefinance.com – PowerPoint PPT presentation

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Title: Equipment Export Financing Program


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Drake Finance provides U.S. companies nationwide
with the liquidity they need to thrive in the
business world.
3
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. exporters.
4
How It Works
  • U.S. 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.
  • The international buyer then pays Drake Finance
    over time. It's that simple!

5
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.
  • No Letter of Credit, collateral or avals
    required of foreign buyer.

6
Getting Started
  • Submit 3 years of audited financial statements
    from foreign buyer to rlopez_at_drakefinance.com.
  • 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.
  • 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.

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