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DRAKE FINANCE DISBURSES OVER $1.8 MILLION TO UNITED STATES AGRICULTURAL EXPORTERS
By: Phineas Gray
Posted on : September 20, 2016   Views : 978

Drake Finance is pleased to announce that it has disbursed over $1.8 million to United States agricultural exporters during the last quarter through its United States Bulk Agricultural Export Financing program.

      *      $358,461.80 disbursed to a United States grain exporter in Illinois selling yellow corn in bulk to a customer in El Salvador.
      *      $659,000.00 disbursed to a United States grain exporter in Florida selling white corn in bulk to a customer in Colombia.
      *      $800,000.00 disbursed to a United States grain exporter in Florida selling yellow corn and soybean meal in bulk to a customer in El Salvador.

Through this program, Drake Finance pays up to 100% of the purchase order from the foreign buyer to the United States exporter. The United States exporter receives payment in as little as 48 hours from the time shipment documents are processed. The foreign buyer pays Drake Finance back over time according to the payment terms extended by the United States exporter, typically 180 days from the time the export shipment occurs.

Our international trade finance programs empower United States exporters nationwide. For more information on international trade finance available to United States exporters, please call Drake Finance Group, Inc. at (305) 854-0101 or visit http://www.drakefinance.com.

 

Company : Drake Finance, Inc.
Contact : Richard Lopez
Address : 5201 Blue Lagoon Dr, Ste 807, Miami, FL 33126
Phone : 1-305-854-0101
Fax : 1-305-629-3237
Email : info@drakefinance.com
Website : http://www.drakefinance.com