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TRADE FINANCING US Export-Import Bank The Export-Import Bank of the United States (Ex-Im Bank) is the principal government

agency responsible for aiding the export of American goods and services through a variety of loan, guarantee, and insurance products. The mission of the Bank is to create and sustain U.S. jobs by financing sales of U.S. exports to international buyers. The Bank is chartered as a government corporation by the Congress of the United States; it was last chartered for a three-year term in 2012. The Charter spells out the Bank's authorities and limitations. Among them is the principle that Ex-Im Bank does not compete with private sector lenders, but rather provides financing for transactions that would otherwise not take place because commercial lenders are either unable or unwilling to accept the political or commercial risk inherent in the deal. Ex-Im Bank's Charter provides that Ex-Im Bank makes available "not less than 20%" of its lending authority to small businesses. Generally, its products are available to support export sales for any American export firm regardless of size. Similar banks, or export credit agencies (ECAs), are operated by 60 foreign countries. Many ECAs agree to conduct their activities by following a set of common rules and principles through their membership in the Organization for Economic Cooperation and Development (OECD); these ECAs are generally in the so-called "developed" countries. The goal is to permit exporters in various countries to compete on the basis of the quality of their goods and services, not on preferential financing terms. Other ECAs, such as the China Exim Bank (in the People's Republic of China), Ex-Im Bank of Russia, Brazil, and India, do not abide by the OECD rules.

The U.S. Government offers U.S. companies Insurance and Risk Mitigation policies that cover export transactions and for overseas investments. Coverage includes losses for non-payment, currency inconvertibility, asset expropriation and political violence. Insurance and Risk Mitigation
The U.S. Government offers U.S. companies insurance for both export transactions and for the political risk associated with overseas investments.

Insure Export Transactions with the Export-Import Bank

Ex-Im Banks export credit insurance policies enables U.S. exporters to both finance their export activities and mitigate the risk of non-payment. The policies below enable you to offer credit to your international buyers and access working capital funds. The Express Insurance Program is a "named buyer" policy that simplifies small business access to export credit risk insurance on their foreign accounts receivable. It also has a streamlined online application provides a policy quote and credit decisions up to $300,000 on foreign buyers within five workdays (buyer credit requests exceeding $300,000 will require additional processing time). The Small Business Export Credit Insurance Policy is specifically designed for small, financially viable businesses that are new to exporting, or have only occasionally exported. It can help

increase an exporter's international sales by extending competitive credit terms while minimizing risks. The Multi-Buyer Export Credit Insurance Policy enables U.S. exporters to reduce their risk of selling on credit terms by insuring their export accounts receivable against default or non-payment. The policy can help increase international sales by extending competitive credit terms to foreign buyers while minimizing risks. The Short-Term Single-Buyer Export Credit Insurance Policy allows exporters to insure specific, short-term foreign receivables against loss due to commercial and specified political risks on a selective basis. Ex-Im Bank offers U.S. leasers the opportunity to expand their overseas leasing programs by providing comprehensive insurance for both the stream of lease payments and the fair market value of the leased products.

Insure Investment Transactions with OPIC Political risk insurance is available to U.S. investors, contractors, exporters and financial institutions involved in international transactions. Political risk insurance can cover currency inconvertibility, expropriation and political violence, and is available for investments in new ventures, expansions of existing enterprises, privatizations and acquisitions with positive developmental benefits. Grants The U.S. Government provides grants to U.S. firms to conduct feasibility studies on infrastructure projects and to train the foreign business community and government officials on U.S. business practices, regulatory reform and other economic development activities.