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LendersOverviewThe Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States that assists in financing the exports of U.S. goods and services to international markets. Ex-Im Bank assumes risks that commercial lenders are unable or unwilling
to accept. We provide lenders with the export financing tools to service transactions
typically involving higher country or credit risks. Benefits to LendersIn today’s global economy, few companies have a customer base that is purely domestic. Your customers need financing for their international sales. From pre-export working capital financing to large structured or project financing, Ex-Im Bank has a product that can support your customers’ needs and limit your risks. Benefits:
With Ex-Im Bank’s trade financing support, lenders can offer more products and services to their customers, increase their profits, and transfer the risk to Ex-Im Bank.
Export Finance ProductsWorking Capital Loan GuaranteeEx-Im Bank’s working capital loan guarantee enables a lender to extend pre-export working capital loans to qualifying U.S.-based companies. Our guarantee covers 90% of the loan’s principal and interest, and carries the full faith and credit of the U.S. government. Working capital loan facilities supported by our guarantee, which may be revolving or transaction-specific lines, are generally available for one year but may be extended up to three years with Ex-Im Bank’s approval. For more information, see the Working Capital Loan Guarantee Manual. Benefits:
Export Credit InsuranceEx-Im Bank’s export credit insurance policies enable you to increase your trade-related services while limiting your exposure to country and credit risks. These policies are available for short-term credits (generally up to 180 days) and medium-term credits (generally up to five years). Short-term insurance covers U.S. exports of consumer goods, agricultural products, spare parts and raw materials. Medium-term insurance assists in financing exports of U.S. capital goods and services. Our bank-to-bank insurance facility, available in select markets (link), provides you and your foreign lender or corporate customer with an Ex-Im Bank-backed medium-term credit line to purchase U.S. goods and services. Benefits:
Loan GuaranteeEx-Im Bank provides guarantees of commercial loans to international buyers of U.S. capital goods and services to protect lenders against commercial and political risks of nonpayment. These guarantees are available for medium- and long-term loans to international buyers. Ex-Im Bank will support up to 85% of the contract amount (depending upon the U.S. content) after a cash payment of at least 15%. Ex-Im Bank’s guarantee covers 100% of the loan principal and interest. Medium-term : Ex-Im Bank offers both export credit insurance and guarantees with repayment terms up to seven years. For transactions with terms of over five years, Ex-Im Bank primarily offers a guarantee. Long-term : Ex-Im Bank offers guarantees with repayment terms over seven years. Benefits:
Credit Guarantee FacilityEx-Im Bank offers credit guarantee facilities to provide a line of credit to an international bank or buyer. The credit guarantee facility will support up to 85% of the contract price. Repayment terms up to five years for capital equipment and services are offered (up to seven years in exceptional circumstances). The minimum facility size is $10 million. Benefits:
Project Finance and Structured FinanceEx-Im Bank also offers guarantees and direct loans to finance U.S. exports for the construction and operation of projects through structured finance transactions, including limited recourse project finance. For more information, see Project and Structured Finance. Benefits:
TransportationEx-Im Bank’s medium- and long-term financing products can assist U.S. manufacturers in selling transportation equipment to international buyers. Ex-Im Bank will support the export of both new and used U.S. manufactured transportation equipment such as commercial jet aircraft and engines, general aviation equipment, locomotives and other rolling stock, ships, and trucks. Special financing structures, such as asset-based finance leases are available for certain exports. For more information, see Transportation Security Exports Program. Become an Ex-Im Bank LenderTo become an Ex-Im Bank lender, you must meet our credit standards and follow our policy guidelines. Ex-Im Bank provides training and guidance to lenders interested in working with us. To maximize your benefits from Ex-Im Bank products, we recommend that you attend one of our financing seminars. Contact Ex-Im BankFor more information about Ex-Im Bank’s Export Finance Products, or to inquire about becoming an Ex-Im Bank lender, please e-mail info@exim.gov or call 1-(800) 565-3946 (EXIM). |
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