Ex-Im Bank Business Development Staff for Mexico Ms. Xiomara Creque Regional Director, The Americas International Business Development 811 Vermont Avenue, N.W. Washington, D.C. 20571 1-202-565-3477 Additional Contacts Geoffrey Bogart Principal Commercial Officer USCS Monterrey E-mail: geoffrey.bogart@mail.doc.gov Tel: (011-52-81) 8343-4450 ext. 495 http://www.buyusa.gov/mexico/en Matthew Hilgendorf Commercial Officer U.S. Embassy - Mexico City Tel: (52 55) 5140 2612 Fax: (52 55) 5535 1111 matthew.hilgendorf@mail.doc.gov http://www.buyusa.gov/mexico Gabriela Hernandez Commercial Specialist CS Guadalajara - U.S. Consulate General Lopez Cotilla 2032, Piso 4 Phone 52-33-3615-1140 Fax 52-33-3615-7665 Gabriela.Hernandez@mail.doc.gov http://www.buyusa.gov/mexico http://www.export.gov Overseas Private Investment Corporation www.opic.gov Trade Development Agency www.ustda.gov

Ex-Im Bank Financing Programs in Mexico

Ex-Im Bank programs fit into four major categories.

Working Capital - The Working Capital Guarantee Program significantly reduces a lender's risk on working capital loans made to creditworthy US companies for export-related activities.

Insurance - Ex-Im Bank offers a variety of export credit insurance policies to exporters and financial institutions to reduce repayment risks on foreign receivables due to political or commercial events. Policies may cover single or repetitive sales to single or multiple buyers. As determined by the product, repayment terms are available for short-term sales (up to 180 days, exceptionally 360 days) and medium-term sales (up to five years).

Direct Loans - Direct loans to foreign buyers enable exporters to overcome financing gaps and compete against foreign subsidized competition with the lowest interest rates allowed under international guidelines.

Guarantees - By reducing repayment risks, guarantees allow lenders to offer financing to exporters' foreign customers with fixed or floating competitive rates. Goods and services sold on repayment terms of one year or more are eligible for loans, guarantees, and insurance.

1. SHORT-TERM (UP TO ONE YEAR REPAYMENT)

EXPORT CREDIT INSURANCE allows U.S. exporters to offer U.S. dollar credit directly to international customers. The application must come from a U.S. exporter.

BENEFITS:

• Open account credit is an attractive substitute to letters of credit and bank financing
• Lower interest charges, as credit is often arranged through a U.S. lender or directly by the exporter
• Minimal financial information requirements for short-term credits up to $100,000


2. MEDIUM-TERM (UP TO 5 YEARS REPAYMENT AND UNDER $10 MILLION)

   EXPORT CREDIT INSURANCE AND GUARANTEES OF COMMERCIAL LOANS for sales to international buyers covering principal and interest. Application must come from a financial institution.

   BENEFITS:

   • Quick turnaround
   • Covers both capital goods and services
   • Ensures loans will be paid, thus making more money available for other projects
   
   
3. LONG-TERM (UP TO 10 YEARS REPAYMENT OR OVER $10 MILLION)

GUARANTEES OF COMMERCIAL LOANS to international buyers of U.S. goods and services. Application must come from a financial institution.

BENEFITS:

• Available in foreign currencies
• Negotiable interest rate
• Fully transferable

Ex-Im Bank Financing: General Information

Structured and Project Finance

Updated: June 26, 2008