Drake Finance Co Salary

How Much Does Drake Finance Co Pay?BETA

As of December 2024, the average annual salary for employees at Drake Finance Co in the United States is $85,165. This translates to an approximate hourly wage of $41. Salaries at Drake Finance Co typically range from $74,701 to $96,503 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Drake Finance Co, A Chief Credit Officer is among the highest earners, with an average salary of approximately $187,963 per year. Conversely, the lowest-paid position is Manager, Marketing, earning around $92,763 annually. Explore this page further for more salary and benefits information at Drake Finance Co.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Drake Finance Co Pay for Different Roles?BETA

At Drake Finance Co, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Chief Credit Officer positions at Drake Finance Co offer the highest average annual salary of $187,963, while Manager, Marketing roles have an average annual salary of $92,763.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Chief Credit Officer $158,084 - $227,400 $187,963 Drake Finance Co
Secretary $149,501 - $225,461 $183,880 Drake Finance Co
Managing Principal $142,653 - $155,107 $149,434 Drake Finance Co
Managing Partner $108,867 - $159,384 $134,946 Drake Finance Co
Manager, Marketing $82,057 - $104,225 $92,763 Drake Finance Co
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Drake Finance Co Overview

Website:
drakefinance.com
Size:
<25 Employees
Industry:
Financial Services
Revenue:
<$5M
About:
Founded in 2000, Drake Finance was originally created to facilitate international trade for U.S. companies. Our mission was to help U.S.-based businesses grow by providing the necessary liquidity for them to provide their international customers with financing. Since then, our company has grown to i...

Most Common Benefits for Drake Finance Co

Aside from the base salary, Drake Finance Co offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Drake Finance Co

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Drake Finance Co ’s peer companies.
Reve Mortgage Rowland Heights, CA $87,548 - $113,098 Company Salary Range $99,805 Average Company Salary
EcoR1 Capital LLC San Francisco, CA $96,987 - $125,292 Company Salary Range $110,564 Average Company Salary
Hand & Tanner Financial Group Inc Ladys Island, SC $72,667 - $93,881 Company Salary Range $82,844 Average Company Salary
Revolution Partners LLC Memphis, TN $71,961 - $92,966 Company Salary Range $82,042 Average Company Salary
Hamilton Financial PC Snellville, GA $75,297 - $97,271 Company Salary Range $85,840 Average Company Salary
CalmWater Financial Group Norfolk, NE $65,107 - $84,114 Company Salary Range $74,226 Average Company Salary
Meyer Mortgage Corp Bowling Green, KY $70,028 - $90,467 Company Salary Range $79,838 Average Company Salary
Resident Lending Group Inc Salem, OR $75,755 - $97,868 Company Salary Range $86,367 Average Company Salary
McPherson & Mayberry Dallas, TX $78,266 - $101,100 Company Salary Range $89,225 Average Company Salary
See more companies

FAQs About Drake Finance Co Company

1. How much does Drake Finance Co in the United States pay?

Drake Finance Co pays its employees an average of $85,165 per year. The average salary at Drake Finance Co range from $74,701 to $96,503 per year. Chief Credit Officer jobs at Drake Finance Co earn the most with an average annual salary of $187,963, while Manager, Marketing jobs earn the least with an average annual salary of $92,763.

2. Do Drake Finance Co employees get a higher salary than other similar companies?

The salary at Drake Finance Co is lesser than EcoR1 Capital LLC. The highest salary package reported for an employee at Drake Finance Co is $96,503 per year, meanwhile the highest salary package reported for an employee at EcoR1 Capital LLC is $125,292 per year.

3. How much does Drake Finance Co pay compared to EcoR1 Capital LLC?

The average annual salary at Drake Finance Co is $85,165, or an hourly wage of $41, in comparison to EcoR1 Capital LLC which pays $110,564 per year or $53 per hour.

4. Which job skills can boost a Managing Principal salary at Drake Finance Co?

Leadership, Initiative and Planning are key to a Managing Principal job at Drake Finance Co. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Drake Finance Co.

5. What is the lowest salary at Drake Finance Co?

The lowest paying job at Drake Finance Co is Manager, Marketing with an annual salary of $92,763 or an hourly rate of $41.