Export – Loan Guarantee/Insured Loans
Program Funding
Annual program obligations reported to SAM.gov.
Funded Projects
Examples of what this program has supported.
Ex-Im Bank approved 2,704 authorizations in support of U.S. export sales in FY 2008.
Ex-Im Bank authorized $3.2 billion (22.2 percent of total authorizations) in direct support of U.S. small businesses as primary exporters. Ex-Im Bank approved 2,328 transactions that were made available for the direct benefit of small-business exporters, representing 86 percent of the total number of transactions.
Program Objective
The Export-Import Bank of the United States (Ex-Im Bank or the Bank) is an independent executive agency and a wholly-owned U.S. government corporation. Ex-Im Bank is the official export-credit agency of the United States. Its mission is to support U.S. exports by providing export financing through its loan, guarantee and insurance programs in cases where the private sector is unable or unwilling to provide financing or when such support is necessary to level the playing field due to financing provided by foreign governments to their exporters that compete with U.S. exporters. By facilitating the financing of U.S. exports, Ex-Im Bank helps companies create and maintain U.S. jobs.
Eligibility
Eligible Applicants
- Anyone / general public
Beneficiaries
- 14
- 15
- 19
- 31
How to Apply
Application Procedure
Applications, including all necessary attachments, are to be mailed to Export-Import Bank of the United States, 811 Vermont Ave. NW, Washington, D.C. 20571. Applications for short-term and medium-term policies may be submitted electronically through Ex-Im On-line at www.exim.gov.
Applicant is notified by authorization letter from Ex-Im Bank and/or the participating bank.
Award Procedure
Depending on the size and/or nature of the transactions, approvals are granted by Ex-Im Bank staff, the Bank’s Credit Committee, or the Bank’s Board of Directors.
Range of Approval/Disapproval time is variable, depending on status and complexity of the transaction
Program details & compliance
Use of Funds
Allowed Uses
To finance the export of goods and services made in the United States for the purpose of maintaining and creating U.S. jobs. Goods must comply with applicable “U.S. content” restrictions. Military or defense items are generally not eligible nor are sales to military buyers. There is no minimum transaction size. Support may not be available in certain countries. Support also may be unavailable for projects that are likely to cause substantial injury to U.S. industry or that would result in the production of substantially the same product that is the subject of specified trade measures.
Required Documentation
Applicants and borrowers who are the direct beneficiaries of Ex-Im Bank Programs and must meet the applicant eligibility requirements, including but not limited to those relating to credit worthiness, financial history, economic feasibility of project, and operating history. Documents must evidence reasonable assurance of repayment.