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Products & Policies | Special Initiatives
Medical Equipment Initiative The Medical Equipment Initiative (MEI) offers solutions to increase the export of medical equipment from U.S. companies to foreign borrowers that would not go forward without Ex-Im Bank support. The MEI includes creative financing structures and enhanced coverage. Borrowers Borrowers will be: 1) established companies that represent unacceptable credit risk; and 2) companies that are newly formed and do not have historical credit data that can be analyzed. To help determine if your borrower is a candidate for the MEI, please refer to the guidelines for submitting applications for the Medical Equipment Initiative. Coverage and Eligibility Requirements Coverage under the MEI will be issued via a standard insurance policy or loan guarantee, and all standard terms and conditions will apply. Support will include consideration of the following enhanced features:
Ex-Im Bank will provide comprehensive coverage, including losses resulting from commercial risk and political risk. There is no minimum or maximum to the transaction request Ex-Im Bank will support. Limited exclusions apply to the type of goods and services that can be supported. Ex-Im Bank is closed and/or limited in certain countries -- please refer to the Country Limitation Schedule. Transactions to be processed under the MEI must comply with standard eligibility requirements. It will likely take additional time to process transactions that do not meet our normal eligibility requirements. Last updated: January 31, 2005 |
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