Access Working Capital Loans
Ex-Im Bank's working capital guarantee gives lenders the confidence
to extend short-term loans to small- and medium-size businesses
for their export funding needs.
Features:
- Eligible companies must be located in the U.S., have a postitive net worth, and at least one year operating history
- Loans can be transaction-specific or revolving; no minimum or maximum amount
- Loans can be used to purchase inventory, pay for labor and overhead and/or provide services destined for export
- Advance rates are up to 90% against export accounts receivable and up to 75% against exportable inventory (including work-in-process)
- Export-related inventory and accounts receivable are used as collateral
- Exports to certain countries, most military and defense items and exports with over 51% foreign content are ineligible
Publications:
Updated: April 11, 2007 |