Export-Import Bank of the United
States (Ex-Im Bank)
811 Vermont Ave., NW
Washington, DC 20571
Tel: 202-565-EXIM (3946) or 800-565-EXIM (3946)
Fax: 202-565-3380 http://www.exim.gov
The Export-Import Bank of the United States (Ex-Im Bank)
is an independent U.S. Government agency that helps finance the overseas
sales of U.S. goods and services. In 65 years, Ex-Im Bank has supported
more than $300 billion in U.S. exports. Ex-Im Bank's mission is to create
jobs through exports. It provides guarantees of working capital loans
for U.S. exporters, guarantees the repayment of loans or makes loans
to foreign purchasers of U.S. goods and services.
Ex-Im Bank also provides
credit insurance that protects U.S. exporters against the risks of non-payment
by foreign buyers for political or commercial reasons. Ex-Im Bank does
not compete with commercial lenders, but assumes the risks they cannot
accept. It must always conclude that there is reasonable assurance of
repayment on every transaction financed. Ex-Im Bank provides a level
playing field for U.S. exporters by countering the export credit subsidies
of other governments. It also provides financing to creditworthy private
and sovereign foreign buyers when private financing is unavailable. To
qualify for Ex-Im Bank support, the product or service must have at least
50 percent U.S. content and must not affect the U.S. economy adversely. |