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Export Lending

Export Lending. September 2012. Export-Import Bank (Ex- Im Bank) Overview.

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Export Lending

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  1. Export Lending September 2012

  2. Export-Import Bank (Ex-Im Bank) Overview The Export-Import Bank (Ex-IM Bank) is the official export credit agency of the United States. The Bank’s mission is to assist in financing the export of U.S. goods and services to international markets. Their goal is turning export opportunities into sales that help maintain and create U.S. jobs and sustain the economy.

  3. Products • Ex-Im Bank provides: • Working capital guarantees (pre-export financing) • Export credit insurance • Loan guarantees and direct loans (buyer financing). • Ex-Im Bank has supported more than $456 B of U.S. exports, primarily to developing markets worldwide.

  4. How it Works U.S. Goods Buyer Supplier Accounts Payable Capital (loan) P&I Payments Lender Guarantee Fee Guarantee (100%) Ex-Im Bank

  5. Loan Guarantee & Direct Loan Benefits: • Guarantees financing to creditworthy buyers, private and public, for purchases of U.S. goods and services. • Offers favorable interest rates and payback terms • The guarantee offers safety for Lenders

  6. Eligibility • Proceeds to purchase: • U.S. capital equipment • U.S. Services • Must meet Ex-Im Bank’s foreign content requirements • Military & defense items are generally not eligible nor sales to military buyers- (with certain exceptions)

  7. Product Description • No minimum or maximum size • 100% Guarantee of principal and accrued interest • Buyer must make cash payment to exporter equal to at least 15% of the supply contract • Repayment Terms: • Up to 5 years for capital equipment & services • Up to 10 years for transportation equipment and large-scale projects

  8. SBA Export Working Capital (EWCP) • Working capital loan: • Max term – 3 years • Max amount – $5MM • Guarantee – 90% guarantee • Collateral: 1st lien on export receivables and inventory being financed

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