Export - Loan Guarantee/Insured Loans

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.
Examples of Funded Projects

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


Agency - Export - Import Bank of the United States
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.
Website Address

http://www.exim.gov




Program Accomplishments

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.

Eligibility Requirements

Applicant Eligibility

None

Beneficiary Eligibility

None

Credentials/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. This program is excluded from coverage under OMB Circular No. A-87.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

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.

Award Procedures

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.

Deadlines

Not Applicable.

Authorization

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.

Appeals

Not Applicable.

Renewals

Renewals and extensions of awards are possible.

Assistance Considerations

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

Reports

No reports are required.

Audits

No audits are required for this program.

Records

Accounting records and other transaction documentation and information must be available during term of financing and beyond.

Financial Information

Account Identification

83-0100-0-1-155.

Obigations

(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.

Information Contacts

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.

Headquarters Office

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.



Social Entrepreneurship
Spotlight



Video Chat Startup to Launch Social Enterprise Fundraising Platform


Video Chat Startup to Launch Social Enterprise Fundraising Platform

Columbus-based Heroes2u Inc., a video chart startup and part of the social entrepreneurship movement, aims to raise millions for charities by providing an affordable chance for access to a charity’s celebrity booster.




Nonprofit Jobs in Washington

  Social Services Jobs
  Social Work Jobs
  Human Services Jobs
  Foundation Related Jobs
  Social Services Jobs





More Federal Domestic Assistance Programs


Anti-Doping Activities | Financial Education and Counseling Pilot Program | Justice Reinvestment Initiative | Rehabilitation Services Client Assistance Program | Housing Opportunities for Persons with AIDS |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2019 Copyright Michael Saunders