Friday, March 27, 2020

EXIM Bank Takes the Lead and Offers Maximum Financial Flexibility to Facilitate USA Exports

©iStock/AmyLaughinghouse
The Export-Import Bank of the United States (EXIM) board of directors recently underscored its strong support for new initiatives to inject liquidity into the market and give maximum financing flexibility to facilitate sales of U.S. goods and services abroad.

They agreed to support:
  • Bridge Financing Program
  • Pre-Delivery/Pre-Export Financing Program
  • Supply Chain Financing Guarantee Program; and
  • Working Capital Guarantee Program
More detail on each initiative can be found here with links to fact sheets with additional information.

Just in by trade finance expert Ursula Wegrzynowicz, "Those exporters who started applications, but did not complete, should complete those processes asap."

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