Fiscal Year 2008: Past approvals have been made in over 135 countries for various types of products including, but not limited to: medical, environmental, construction, computers, software, engineering and consulting services, transportation, packaging, laboratory, and power generation.
Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available
Fiscal Year 2008: Ex-Im Bank authorized $14.4 billion in loans, guarantees and export-credit insurance, which will support an estimated $19.6 billion of U.S. exports to markets worldwide. 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. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available
Uses and Use Restrictions
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.
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. This program is excluded from coverage under OMB Circular No. A-87.
Aplication and Award Process
Preapplication coordination is not applicable.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. 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.
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.
The Export-Import Bank Act of 1945, as amended, 12 U.S.C. 635 et seq.
Range of Approval/Disapproval Time
Range of Approval/Disapproval time is variable, depending on status and complexity of the transaction.
Renewals and extensions of awards are possible.
Formula and Matching Requirements
This program has no statutory formula. This program has no matching requirements. MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Variable, depending on characteristics of the Transaction. Generally, working capital loans and short term insurance are approved for a one-year period. Loans and guarantees extended under the medium-term loan program typically have repayment terms of one to seven years, while loans and guarantees extended under the long-term loan program usually have repayment terms in excess of seven years. See the following for information on how assistance is awarded/released: Applications are generally processed with a view towards accommodating the time frame of each and every applicant.
Post Assistance Requirements
No reports are required.
No audits are required for this program.
Accounting records and other transaction documentation and information must be available during term of financing and beyond.
(Guaranteed/Insured Loans) FY 08 $14,398,900,000; FY 09 est $17,500,000,000; and FY 10 est $16,100,000,000
Range and Average of Financial Assistance
There is no minimum or maximum transaction size. Representative range is $25,000 to $500,000,000.
Regulations, Guidelines, and Literature
Information is available at the Bank's web site: http://www.exim.gov.
Regional or Local Office
See Regional Agency Offices. Northeast and Mid-Atlantic Regions New York, NY Tel: (212) 809-2650 Fax: (212) 809-2687 Southeast Regional Office Miami, FL Tel: (305) 526-7436 Fax: (305) 526-7435 Midwest Regional Office Chicago, IL Tel: (312) 353-8081 Fax: (312) 353-8098 Southwest Regional Office Houston, TX Tel: (281) 721-0465 Fax: (281) 679-0156 Western Regional Office Orange County, CA Tel: (949) 660-1341 Fax: (949) 660-9553 San Diego, CA branch Tel: (619) 557-7091 Fax: (619) 557-6176 San Francisco, CA branch Tel: (415) 705-2285 Fax: (415) 705-1156.
Trade Advisor 811 Vermont Ave, NW, Washington, District of Columbia 20571 Phone: 1-800-565-3946, option 2
Criteria for Selecting Proposals
Goods and services financed must meet Ex-Im Bank U.S. content requirements. Ex-Im Bank must find a reasonable assurance of repayment. For more information, see Uses and Restrictions and Eligibility Requirements.
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