Drake Finance
Financial ServicesFlorida, United States2-10 Employees
Drake Finance operates as an international trade finance lender and a domestic accounts receivable factoring provider. It helps U.S. companies nationwide convert domestic or foreign receivables into cash quickly, offering a liquidity option when banks' criteria are rigid and processing times are long. As an asset-based lender, financing is determined largely by the value of receivables rather than the exporter's balance sheet, and the required collateral is a first-position lien on foreign receivables with no personal guarantees. The company is based in Miami, Florida, and has been operating since 2000. In the financial services sector, Drake Finance focuses on export finance-related products and serves U.S. companies nationwide seeking faster access to cash.