Offering open account credit terms makes small businesses more competitive by attracting international buyers and eliminating delivery delays, often leading to larger orders from existing customers.
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New to exporting and have a buyer asking for open account terms? EXIM’s Direct Express Select is a simple, flexible insurance policy designed for underserved small businesses, like minority, women, veteran, rural, and disability-owned companies. It helps you offer competitive credit terms to international buyers while protecting against nonpayment. Plus, insured receivables may strengthen your borrowing power and improve cash flow.
Download the guide to learn how Direct Express Select can help you grow globally with confidence.
A policy with EXIM can help your small business:
Increase Sales
Reduce Risk
This policy mitigates the risks of nonpayment for small business exporters by covering international invoices, enabling them to confidently offer open account credit terms and expand into new markets.
Access Cash
Insuring your foreign receivables makes lenders more likely to include them in your borrowing base, providing additional financing and improving cash flow.