Enhance Profit by Offering Export Working Capital Loans with Less Risk!
You are cordially invited to this seminar, which teaches lenders how they can extend pre-export financing to eligible U.S.-based companies that sell internationally. By completing this training you will also qualify as an Export-Import Bank of the United States (“Ex-Im Bank”) Delegated Authority Lender. You will be able to process applications and commit Ex-Im Bank guaranteed working capital facilities at your institution’s own speed – without additional Ex-Im Bank processing time - and share in program fees as well.
A guarantee from Ex-Im Bank, the official export credit agency of the federal government, covers 90% of the loan facility's principal and interest, and carries the full faith and credit of the U.S. government. The financing provides for advances against borrowing base collateral including foreign receivables and export-related inventory – even work-in-process!
Term is typically one year renewable, but terms of up to three years are possible. Typical advance rates are up to 75% for inventory and 90% for accounts receivable.
We’ll also provide a brief overview of insurance and buyer credit programs, and an update on new products. These invaluable services will add significant value to your existing customer base and assist in attracting new exporting customers as well.