Drake Finance Information

Drake Finance is a world-class international trade finance lender as well as a domestic accounts receivable factoring company. We help U.S. companies nationwide turn their domestic or foreign accounts receivables (A/R) into cash fast. In today’s market, the majority of small to medium size businesses trying to secure financing endure rigid credit criteria, significant collateral security requirements along with long evaluation/processing periods from banks. When all is said and done a good number of financial accommodation requests are ultimately declined. Unlike the commercial banking sector, Drake Finance specializes in export finance-related products. As an asset based lender we are not governed by the regulatory authorities as are commercial banks. Accordingly our ability to provide financing is purely linked to the receivables and not conditioned upon the strength of the exporter’s balance sheet, cash flow or profit and loss account. In fact, the only collateral we require is a first position lien on the foreign receivables. No personal guarantees are required. Established in 2000, Drake Finance is known for its professionalism, integrity and impeccable service. You may contact Bob Sloan (954) 443-9332 or Richard Lopez (305) 854-0101 for further details.