working capital facilities, financed by commercial lenders and
backed by an Ex-Im Bank’s guarantee, provide businesses
with the liquidity to accept new business, grow international
sales and compete more effectively in the global marketplace.
Such facilities can also be used by exporters to post standby
letters of credit when foreign buyers request bid or performance bonds. Ex-Im partners with 35-40 commercial banks
to improve access to credit and will assume 90% of the lender’s
credit risk to help US exporters secure access to financing. In
2013, Ex-Im issued in $2.6 billion credit authorizations to
support the export based working capital needs of US small,
medium and large businesses.
US Regional Offices
Orange County, CA
When engaging in international trade, US exporters often
prefer to avoid foreign buyer credit risk and require advance
payment before shipment. A host of reasons makes cash or
letters of credit “king” in interna ѥ