Export Finance Programs
We serve as a City/State partner of the Export-Import Bank of the United States (Ex-Im Bank), and our staff of professionals has been highly trained on all of Ex-Im Bank's programs. In effect, we are a regional marketing arm of Ex-Im Bank, whose mission is to "Provide U.S. exporters with 'cutting-edge' financing solutions to increase their sales."
Working Capital Guarantees through the Ex-Im Bank or the U.S. Small Business Administration (SBA) enable U.S. companies to obtain loans to produce goods or provide a service for export. We will assist your company with the application process, coordinate requirements with your local bank, package the application, and follow up with Ex-Im Bank or the SBA until your financing is approved.
We offer both private-sector and Ex-Im Bank Export Credit Insurance to protect your company against foreign buyer default due to political and commercial risk. Insurance can also help you to:
- Eliminate most risk of non-payment by the foreign buyer
- Increase your company's borrowing capacity and cash flow
- Provide credit terms to foreign buyers that could increase sales
We work with the Overseas Private Investment Corporation (OPIC) to help provide financing for foreign direct investment, including new investments, privatizations, expansions, modernizations, formation of a new branch or sales office, and warehousing or small assembly operations. OPIC also can provide insurance to protect those overseas investments.