Export-Import Bank Credit Support Programs


Summary

This practice note discusses U.S. governmental programs that assist in financing export transactions. A domestic seller and a foreign buyer may not be able by themselves to complete the necessary financing arrangements to facilitate an export transaction. Commercial banks or similar funding sources may be unable or unwilling to provide credit support for these transactions. Therefore, export financing and export credit guarantee and insurance programs are provided by most governments of the major industrialized countries to assist in the completion of potential export transactions. In the United States, this support of the financial segment of export transactions is provided primarily by the Export-Import Bank of the United States (Ex-Im Bank), which is the primary focus of this practice note. As the official export-credit agency of the United States, Ex-Im Bank's programs are intended to support sales of goods and services from the United States which, absent such support, would not ...