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Featuring:Network
and Learn about Trade at Our 2005 Annual Conference
Opportunities for U.S. Exports to Iraq and Algeria -- New Foreign Dealer
Insurance Policy Launched
Working Capital for Export Service Providers -- Asia/Pacific
Business Outlook 2005 Conference
Instant Access Information on Mexico and Russia -- Upcoming Seminars
Buyer Financing for Capital Goods
Ex-Im Bank's medium-term
insurance or loan guarantee supports the financing of capital goods and
services for up to $10 million. This financing enables you to compete internationally
by offering extended credit terms to your international customers so that
they do not need to pay in advance. The repayment term depends on the dollar
size of the transaction, the useful life of the items, and the country of
the buyer. To learn more, go to Products.
Network
with Lenders, Insurance Brokers, andTrade Experts at Our 2005 Annual Conference
Attend the Ex-Im Bank
Annual Conference on Thursday, April 14, and Friday, April 15, 2005, at
the Omni Shoreham Hotel in Washington, D.C. Exhibit space is available
on a first-come, first-served basis. Contact Matt Burdetsky, Capital Meeting
Planning at 703.536.4993.
Support
Continues for U.S. Exports to Iraq
Ex-Im Bank, the Iraqi
Ministry of Finance, and the Trade Bank of Iraq signed a framework agreement
that enables Ex-Im Bank to continue to support U.S. exports for Iraqi
reconstruction. To learn more, got to
Iraq.
Many Opportunities for U.S. Firms in the Oil, Gas, and Energy Sectors
in Algeria
Ex-Bank has approved
a preliminary commitment for a $1 billion line of credit that facilitates
the purchase of U.S. equipment and services by Sonatrach, Algeria's state-owned
petroleum company. Sonatrach is engaged in a number of large-scale projects
to rehabilitate oil and gas fields and expand pipelines. Over the next five
years, these projects will cost upwards of $38 billion. Thus, there are
significant opportunities for U.S. companies to build market share by providing
petroleum upstream and downstream, transportation and pipeline equipment,
as well as logistics and services for these projects. To learn more, go
to Sonatrach.
New Foreign Dealer Insurance Policy Launched
Ex-Im Bank introduced
a new type of insurance policy that covers financing of exports of U.S.
machinery and equipment to foreign dealers for resale to local buyers. The
insurance covers three types of dealer financing under a single off-the-shelf
policy, eliminating the need for the exporter or commercial lender to obtain
multiple policy types. It provides short-term inventory financing followed
by the option to refinance the short-term debt for medium-term tenors, according
to market standards. For more information, click here: http://www.exim.gov/contact/tfiphonedir.doc
Special
Financing Program for Environmental Products and Services
If your company makes
a product or provides a service that is environmentally beneficial, you
can compete more aggressively in the global marketplace with our Environmental
Export Program. This program provides enhanced benefits across all Ex-Im
Bank financing structures and services. To learn more, go to Environment.
Working
Capital for Export Service Providers
Ex-Im Bank and the Maritime Administration (MARAD) of the U.S. Department
of Transportation agreed to provide Ex-Im Bank-guaranteed working capital
loans for shipping, logistics and other companies involved in ocean freight
transportation, and to update certain shipping requirements for Ex-Im
Bank transactions. Under this agreement, Ex-Im Bank is able to provide
working capital loans to export service providers, which will allow them
to extend credit terms to their export clients. The Bank will increase
its working capital guarantee from 90 percent to 95 percent for U.S. companies
that ship on U.S. flag vessels. Ex-Im Bank and MARAD also agreed to raise
the minimum threshold for Ex-Im Bank-guaranteed U.S. export transactions
that must utilize U.S. flag vessels from $10 million to $20 million. To
learn more, call 800.565.3946.
Access
Information Instantly on Mexico and Russia
Visit at Mexico
and Russia.
Upcoming
Seminars:
| Seminar Audience | Location | Date | Cost |
| Exporter Symposium | Providence, RI | April 6,2005 | $59 |
| Lender - Delegated Certification Training | Chicago, IL | April 8,2005 | $99 |
| Women & Minority-Owned Business Symposium | Phoeniz, AZ | April 20, 2005 | $39 |
| Women & Minority-Owned Business Symposium | Denver, CO | April 22, 2005 | $39 |
Visit Training Seminars to learn about these and other seminars, or call 202.565.3936.
Join the Small Business Exporters Association (SBEA) & Reap the Benefits!
SBEA provides its members with three major types of support:
- Government advocacy
on behalf of all small exporters as well as individual member companies
that encounter difficulties as they export. SBEA works closely with
federal agencies that promote international trade;
- Networking opportunities
with other small and medium-sized U.S. companies involved in exporting;
- Help with financing for exports and overseas expansions.
Want
to do more business in Asia?
Attend the Asia/Pacific
Business Outlook 2005 Conference, "The Changing Realities of Business
in Asia: New Challenges, New Opportunities, Effective Response."
The conference is being held on April 7 and 8 in Los Angeles and presented
by the USC Marshall School of Business. A special registration discount
is available for users of the Ex-Im Bank Web site, www.exim.gov: By entering
in the online registration form the referral code of "EXIM2005",
the conference fee will be reduced to $275 - that's a $200 savings off
the regular conference fee.
Success Story: Michigan Manufacturer Taps Gobal
Market with Ex-Im Bank Financing
Besser Industries of Alpena, Michigan, is celebrating its 100th anniversary
this year and is also marking 20 years of using Ex-Im Bank financing to
sell its concrete-products equipment in overseas markets. The company,
which exports up to half of what it produces, is the leading supplier
of equipment for producers in the block, landscape, pipe, precast, prestressed,
ready-mix and aggregate segments of the concrete products industry. Although
its headquarters is in the north woods of Michigan where Jesse Besser
founded the company, Besser has manufacturing locations in Texas, Iowa,
and California, as well as in the Netherlands and Canada. It employs more
than 1,000 workers. Besser has used Ex-Im Bank loan guarantees and export
credit insurance to export to Argentina, Costa Rica, Ghana, India, Israel,
Mexico, Russia, Trinidad and Tobago, and Turkey.
Need a Trade Finance Consultant at No Cost?
Ex-Im Bank has trade
finance specialists in your region to assist with your particular export
financing challenges. Simply complete the ExporterNewsResponse
Form. If you prefer to contact a specialist directly, go to Regional
Offices or City/State
Partners.
General Ex-Im Bank Contact Information
Web site: www.exim.gov
E-mail: info@exim.gov
Telephone: 800.565.3946 (EXIM)
Please e-mail us with any comments/suggestions
at ExporterNews@exim.gov.