Success Story:
Florida Company's Revenue Doubled Through Exports
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Since 1945, Putnam Lumber & Export Company has been a global exporter of lumber and other construction products. With its export focus, Putnam needed to be sure it could do two things safely: sell to international buyers without the risk of not getting paid, and expand its operations to meet global demand.
EXIM provided two products to help this company achieve its goals:
Working Capital Loan Guarantee
This financing tool helped Putnam ensure sufficient cash flow and provide financial stability for scaled growth.
Export Credit Insurance
An EXIM business invoice insurance policy provided Putnam the peace of mind needed to sell internationally and earn 90% of revenue from exports.
