Program Description (PDF 128 Kb) Master Guarantee Agreement (MGA-D) [PDF 317 Kb] Delegated Authority Lender Agreement (DALA) [PDF 210 Kb]

Medium-Term Delegated Authority (MTDA) Program

Delegated Authority for Approved Lenders To Increase Use of Ex-Im Bank’s Medium-Term Loan Guarantees

Ex-Im Bank’s Medium-Term Delegated Authority (MTDA) Program is designed to increase Ex-Im Bank support for exports of U.S. capital goods by enabling approved lenders to underwrite and approve Ex-Im Bank guarantees for commercial medium-term export credits. The MTDA Program features enhanced coverage for small-business exports.

Benefits:

• Ex-Im Bank support for medium-term export-credit transactions
• Enhanced small-business support
• Reduced transaction turnaround time
• More efficient leveraging of Ex-Im Bank’s staff resources

Program Description:

Approved lenders will have delegated authority to underwrite and authorize standard Ex-Im Bank-guaranteed medium-term transactions without prior Ex-Im Bank review and approval. Program features include:

• Adherence to Ex-Im Bank policies and credit standards
• Lender required to share the credit risk by retaining 10 percent of the commercial risk
• Lender retains 10 percent of the Ex-Im Bank exposure fee
• Enhanced coverage for transactions benefiting small-business exporters and/or suppliers; lender’s required retention of commercial risk reduced to 8 percent

Lender Limits:

Ex-Im Bank will determine the level of delegated authority for each approved lender. Lenders may be approved up to:

• A maximum of $10 million per individual delegated-authority transaction
• A maximum of $100 million in aggregated delegated-authority transactions

Lender Eligibility:

Ex-Im Bank will consider several criteria in evaluating lenders for eligibility and lending limits, including:

• Medium-Term Lending Experience in Emerging Markets
• Transaction Due-Diligence Capability
• Underwriting Capability
• Loan Monitoring and Administration Capability

Please see the MTDA Program Description for more information.

Ex-Im Bank Contacts:

Lenders requesting more information may call or send an email to:

• Tom Fitzpatrick, senior relationship manager, at (202) 565-3642; tom.fitzpatrick@exim.gov
• Charles Goohs, senior Business Initiative officer, at (202) 565-3790; charles.goohs@exim.gov

Page Updated: June 23, 2008