Pre-export financing occurs when a financial institution, such as Drake Finance, advances money to a company based on an order from a buyer. It has several very powerful benefits, and can make a big difference when it comes to the future of your company.
Why Choose Pre-Export Financing?
The first benefit of pre-export financing is that it allows you to fulfill orders larger than what your company is used to. It opens the door for a lot of new possibilities by changing the scale on which you operate. You can make deals you would not have been able to do otherwise.
Pre-export financing also enables you to build a more expansive client base. You can cater to the needs of bigger companies than before, bringing countless new potential partners into the mix. This kind of financing can help elevate the level of businesses you’re working with.
There is a much higher profit margin, and greater flexibility when you’re working with pre-export financing, because the cost of your services is covered up front and you can take on new, massive orders. You have more room to choose the jobs that offer more profit.
Another upside to financing your export is that you can complete these big orders sooner. At Drake Finance, we can have as much as 100% of the purchase order cost advanced within 24 hours of approval. You don’t waste time waiting around for supporters or banks.
With these benefits, you can also experience fantastic reputation growth. The constant expansion of clients and size/type of orders will help draw in even more interested parties, pushing your company to success.
Financing with Drake
Despite the incredible benefits, pre-export financing is still an in-depth process that requires experience, knowledge, and attention to detail. At Drake Finance, we have nearly twenty years of history helping businesses just like yours. We’re happy to explain the process and answer any questions you may have. Contact us at (305) 854-0101 today or fill out a form directly through our website. We look forward to working with you on your pre-export financing.