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t is the U.S. Ex-Im Bank?
The U.S. Ex-Im Bank is an independent agency of the U.S. government. It was established in 1934 to finance the export sales of goods and services produced in the USA. Since 1934 it has supported over $450 Billion in exports. The Ex-Im Bank supports short, middling, and long term financing to creditworthy worldwide customers either in the public and personal sectors. It provides working capital guarantees to USA exporters. Products contain Direct Loans, Guarantees [link widoczny dla zalogowanych], Export Credit Insurance, and Working capital Guarantees. There are special initiatives of environmental exports.
What is the U.S. Ex-Im Bank Environmental Exports Program?
It provides support for environmentally salutary exports ordered in their charter. It namely a pro-active business development and extension to existing programs. It provides long-term loans and guarantees of 10-15 years behind project achievement. Repayment terms of 15 years are obtainable for renewable stamina and water manipulation projects. Interest may be capitalized during construction. During the quondam ten-year, environmental export funding has additional from 13 projects per annual to over $2 Billion in fundings.
What is the Guaranteed Loan Program?
Guaranteed loans are made by commercial banks (U.S. or Foreign banks) to a foreign customer with a 100% unconditional repayment guarantee form the Ex-Im Bank. The guarantee covers 85% of the U.S. content of the transaction. Banks often finance the 15% necessitated cash payment. The guarantee is available in major foreign currencies.
What can the Ex-Im Bank do for small projects?
The Ex-Im Bank makes credits decisions about potential projects in several ways: based strictly on the balance sheet of the borrower or guarantor; and likewise as restricted recourse project finance with a special purpose company borrower and project cash flows as the source of repayment. Or, as a structured finance transaction with the borrower's equilibrium sheet enhanced by special Ex-Im Bank features.
What is the Ex-Im Bank working capital guarantee?
It provides a 90-100% repayment guarantee for working capital loans, revolving or transaction based, made along commercial lenders to small businesses to finance export sales. The working capital guarantee serves as the collateral to the commercial creditor by mitigating the risk inherent when the source of repayment for the loan is an abroad compact. It enables exporters to finance materials [link widoczny dla zalogowanych], labor, and on the head of to produce goods and services for export. It enables exporters to cover standby letters of credit for bid and rendition bonds, or disbursement guarantees. It enables the exporters to finance alien sales receivables
The working capital guarantee program may be a transaction-specific facility; or a revolving line of credit. The term is generally up to 1-year and it is renewable. The loan supports advances made against export-related inventory and foreign accounts receivables. The loan advances up to 75% on inventory and up to 90% on foreign accounts receivables.
What are the eligibility requirements for the working capital certify program?
Applicants have to have commerce operations in the USA. The USA made product have to have a minimum of 51% USA content. The program supports exporters who are contractors [link widoczny dla zalogowanych], trading companies and service companies. There must be causativeable source or repayment. The company must have a minimum 1-year operating history, assured net-worth and debt service ability.
Copyright 2007 Gregg Financial Services

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