New Ex-Im Bank Products For Small Business

Ex-Im Bank is offering new products to enable more U.S. small and mid-sized businesses to be competitive internationally and create more jobs by exporting more goods and services to more customers in more countries.

The new products provide a faster, simpler insurance application process; project financing for small-scale renewable projects; increase liquidity for small-business suppliers of goods and services to U.S. exporters; and ensure access to private-sector insurance to cover the risks of nonpayment by foreign buyers.

Global Credit Express

The Global Credit Express program is specially designed to deliver short-term working capital loans directly to creditworthy small business exporters. Through this new program, exporters like you may be eligible for a 6- or 12-month revolving line of credit of up to $500,000. Global Credit Express adds liquidity to the U.S. small business export market by financing the business of exporting rather than specific export transactions. This is a pilot program currently offered through a select number of Originating Financial Institutions (lenders) nationwide.

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Express Insurance

Express Insurance simplifies small business exporters' access to credit insurance on their short-term export receivables. It also makes it easier for them to obtain financing of those receivables. A streamlined online application provides a policy quote and credit decisions up to $300,000 on foreign buyers within five workdays or less (requests exceeding $300,000 will require additional time).

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Renewable Express

Renewable Express helps U.S. exporters of solar-energy equipment, technology and services by providing streamlined financing of their exports to small solar-energy projects in international markets. Ex-Im Bank can consider project financing for small renewable-energy producers seeking loans of $3 million to $10 million in as few as 60 days.

Product Fact Sheet

Supply Chain

The Bank's supply-chain guarantee strengthens the supply chain by helping U.S. suppliers to expand their sales to U.S. customers that export. It increases liquidity for small-business suppliers by enabling participating lenders to purchase suppliers' accounts receivable that are due from U.S. exporters. It increases cash flow for small-business suppliers by ensuring the prompt payment of these receivables and lowering the cost of credit.

Product Fact Sheet

Reinsurance

Ex-Im Bank's reinsurance ensures that U.S. small-business exporters can obtain private-sector insurance to cover the risks of nonpayment of foreign receivables. Participating private-sector insurers are eligible for reinsurance from Ex-Im Bank for short-term export-credit insurance policies supporting U.S. exports on repayment terms of 180 days or less (exceptionally up to 360 days). Ex-Im Bank's reinsurance mitigates the risks for private insurers and enables them to expand their underwriting capacity for these credits.

Products

Working Capital Guarantee
Single-Buyer Credit Insurance
Small Business Multi-Buyer
Credit Insurance
Multi-Buyer Credit Insurance
Medium-Term Credit Insurance
Medium and Long-Term
Loan Guarantee

Special Support

Export Trends

Some export products, or services trend at a higher volume in units and dollars than others. We track these and are able to rely on what the data tells us to understand what industries perform better in general. Our customers find this information valuable in making decisions as well.

Many markets and countries trend high with certain products, services, or industries. We track these and are able to rely on what the data tells us to understand what markets perform better in supporting which industries. Our customers find this information valuable in making decisions as well.

Success Stories

$39M export deal means business, jobs for U.S. companies

Ex-Im's $1.7M insurance policy helps get U.S. goods to Brazil

$7M Egypt deals helps manufacturer get back on track

$1.6M Ex-Im help has manufacturer busy, looking for more workers

Tools

Export-Import Bank has a number of helpful and necessary tools to assist in the application process.