Ex-Im Bank Financing (U.S.A.)
Ex-Im Bank Financing (U.S.A.)
Who is Ex-Im Bank of the United States of America?
The Ex-Im Bank is the export credit agency of the United States whose mission is to promote exports of the United States of America. Its main objective is to support with funding American products and services exports to international markets.
Ex-Im Bank through over 75 years of life has provided funding of almost $ 500 billion, mainly in developing countries.

Opportunities through Ex-Im Bank
Ex-Im Bank does not compete with private sector lenders but provides products that fill gaps in the area of marketing and structured finance. The Bank assumes the risk of the country and credit risk that the private sector can not or will not accept and helps U.S. exporters by matching the financing that other governments provide to their exporters. In over 70 years of operations. Ex-Im Bank has supported more than $ 400.000 billion in U.S. exports to international markets.
Ex-Im Bank supports the acquisition of capital goods and services from U.S. guaranteeing or insuring loans to international buyers. In some cases, it also provides direct loans to buyers with financing in the short, medium and long term.

Target:
The financing Ex-Im Bank (USA) focus on companies in Latin America who wish to acquire machinery, equipment of all kinds for agriculture, telecommunications, construction, aircraft and equipment for chain restaurants (Examples: Pizza Hut, Burger King, Wendy's, Dennys, etc.) and to finance the purchase of raw materials manufactured in the United States of America. Services provided by American companies can also be financed.

Ex-Im Bank is a vital source of funds for U.S. firms to sell abroad and especially those exporting to emerging markets or volatile. The Ex-Im Bank assumes credit and country risks that the private sector is unable or don't want to assume.

Advantages of the Ex-Im Bank loans (USA) to companies in Latin America:
  • It provides financing to medium and long term up to 10 years.
  • Interest rates are competitive and can be fixed (based on LIBOR 180 days).
  • Repayment normally begins 180 days after it has been export or equipment installation. Transportation and installation costs are also funded.
  • With semiannual payments gives flexibility to the buyer.
  • The process of credit usually should not take more than 8 weeks.
  • It can finance machinery / equipment either new or used.


Recent achievements of loans from American banks supported by Ex-Im Bank (USA) in the Central American and South America:
Loans have been approved in Paraguay for the purchase of a new aircraft and loans in El Salvador for corrugated industry, flexible packaging, steel, industrial oils, and flour industry.