Export-Import Bank
Increasing Your Export Sales while Minimizing Your Risk
We support the financing of U.S. goods and services, turning export opportunities into real transactions, maintaining and creating U.S. jobs.
Who We Are — What We Do
- Ex-Im Bank is an independent agency of the United States
- Established in 1934
- Headquartered in Washington, DC
- Official Export Credit Agency of the U.S.
- 5 regional offices
- Supported more than $400 billion of U.S. exports in 70 years
- Assume the credit and country risks that the private sector is unable or unwilling to accept
- Level the playing field — we can provide financing to counter foreign government-supported export financing
Ex-Im Bank Can Assist Your Firm:
- Enter new markets and expand sales in current ones
- Improve cash flow
- Compete against foreign companies
With Our Products, You Can:
- Protect against buyer nonpayment
- Extend credit terms to your international buyers
- Obtain working capital financing
We Can Assist You!
| Exporting Needs | Our Solution |
|---|---|
| Pre-export Financing | Working Capital Guarantee |
| Short-Term Accounts Receivable Financing | Working Capital Guarantee or Export Credit Insurance |
| Your Buyer Needs | Our Solutions |
|---|---|
| Medium-Term Financing |
Export Credit Insurance Loan Guarantee, or Direct Loan |
| Long-Term Financing | Loan Guarantee or Direct Loan |
| Transportation Financing |
Export Credit Insurance, Guarantee, or Direct Loan |
Our Working Capital Guarantee
- Pre-export lender guarantee of 90% so exporters can fulfill sales orders
- Exporters can expand their borrowing base as lenders can advance:
- up to 90% for export-related accounts receivable; and
- up to 75% for export-related inventoryand work-in-process - Fast turnaround
- Small - and medium-size exporters
- Quick processing by pre-approved lenders
- Transaction specific or revolving lines
Export Credit Insurance — Key Benefits
- Reduce nonpayment losses
- Compete internationally
- Expand sales with existing buyers
- Enter new markets - Boost borrowing power
- Speed cash flow
Export Credit Insurance
- Risk Reduction Tool - Protects exporter against international buyer default (commercial and political risks)
- Marketing Tool - Enables exporter to offer credit directly to international buyers
- Financing Tool — Provides additional collateral as insured export receivables can be assigned to a lender
Short-Term Insurance (up to 1 year)
Policies
- Small Business Multi-Buyer
- Standard Multi-Buyer
- Single Buyer
Small Business Multi-Buyer Policy
- Increased coverage — 95% commercial and 100% political
- No first-loss deductible
- Simplified fee schedule for all countries (regardless of the country risk factor)
Standard Multi-Buyer Policy
- For exporters with over $5 million in annual export credit sales
- Exporter selects risk coverage option
- Buyer credit limits endorsed to policy
Single-Buyer Policy
- Covers nonpayment for single or repetitive sales to individual buyers whether single or multiple shipments
- Premiums based on term, country, and buyer type
- Terms are generally up to 180 days and 360 for bulk agricultural products and consumer durables
Our Medium-Term Financing
- Used for buyer financing of U.S. goods and services
- Up to 5 years and under $10 million
- 15% down payment and 100% coverage of the U.S. export value
- Insurance, Loan Guarantee, or Direct Loan
Loan Guarantee Benefits
- Protects lenders against nonpayment by international buyers
- Covers 100% of loan principal and interest against commercial and political risks
- With the loan payment assurance, the lender can make more funds available for other financing
Standard Finance Model
Net Contract Price $ 1,000,000
Less 15% Down Payment (150,000)
Total Financed $ 850,000
(Plus the exposure fee which also can be financed)
Our Long-Term Financing
- Amounts over $10 million and greater than 5 years
- 15% down payment
- Loan Guarantee
- Direct Loan
Direct Loan
- Fixed-rate loans to international buyers
- Medium- and Long-Term
Structured Finance
- Corporate finance
- Non sovereign over $10 million
Limited Recourse (Project Finance)
- Greenfield projects
- Proceeds of projects are the source for repayment
Transportation
- Aircraft, railroad, and ships
- Medium and Long-Term available
- Support for new and used U.S. manufactured equipment
- Special financing structures such as asset-based finance leases are available for certain exports
Coverage in Over 150 Countries
- Refer to our Country Limitation Schedule (CLS) on www.exim.gov as we may not support some of the countries
- Where closed for certain routine transactions, Ex-Im Bank will consider structured financing arrangements that offer a reasonable assurance of repayment
Policy Considerations
- Impact on the U.S. economy
- Do not compete with private sector
- Amount of U.S. content
- U.S. shipping rules
- Effect on the environment
Gain a Competitive Edge with Ex-Im!
- Enter new, riskier markets and expand sales in current ones
- Improve cash flow
- Compete against foreign companies
For More Information
Larry R. Stewart
Center Director
307-760-0636
lstewart@uwyo.edu