Here at the Export-Import Bank of the United States (EXIM), we are advocates for U.S exporters, particularly small businesses. In FY21, 87% of all EXIM transactions benefited small businesses. Export Credit Insurance and Working Capital Loan Guarantees gives U.S. exporters the ability to reduce the risk of nonpayment on their international invoices and to unlock cash flow to fulfill sales and expand their business internationally.
In addition to the previously mentioned EXIM products and services, the EXIM Blog is a great resource to discover exporting topics, tips and strategies, and the latest collateral offerings. We’ve had a busy 2022, and we would like to re-share our top 5 blogs from the past year:
- Kinect Solar – Powering the World Through Solar Power
With renewable energy being a focus of EXIM, companies like Kinect Solar will continue to contribute to the on-going growth of renewable energy.
- The U.S. Federal Government Requires a Unique Entity ID
Earlier this year, the U.S. General Services Administration (GSA) announced that all firms seeking federal financial assistance (FFA) from the U.S. Government are required to obtain an active SAM.gov registration including the issuance of a Unique Entity Identifier (UEI).
- Understanding EXIM’s Country Limitation Schedule
Before considering using any of EXIM’s products and services, you should refer to EXIM’s Country Limitation Schedule (CLS) to see if EXIM provides support for a specific country or what is known as “open for cover” or “off-cover”.
- EXIM Chair Reta Jo Lewis Highlights How EXIM Will Help Exporters “Make More in America”
In 2022, EXIM launched a new tool designed to unlock financing opportunities for U.S. exporters — including small businesses — that will increase their global competitiveness and support American jobs.
- EXIM President and Chair Reta Jo Lewis Brings Commitment to Small Businesses and Underserved Communities to Historic Role
Reta Jo Lewis, a Georgia native with a long career dedicated to public service, has been confirmed by the U.S. Senate to become the next President and Chair of the Board of Directors of the Export-Import Bank of the United States (EXIM).
EXIM continues to support U.S. jobs through the export of American made goods and services. To stay on top of the latest news, tips, and products, we invite you to subscribe to the EXIM blog. If you are interested in learning how to grow your business and expand internationally, EXIM has a team of business development specialists around the country who are ready to help. Schedule a free consultation today!