Medium-Term Delegated Authority Program (MTDA)
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
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