The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank's mission is to assist in financing the export of U.S. goods and services to international markets.
Ex-Im Bank enables U.S. companies — large and small — to turn export opportunities into real sales that help to maintain and create U.S. jobs and contribute to a stronger national economy.
Ex-Im Bank does not compete with private sector lenders but provides export financing products that fill gaps in trade financing. We assume credit and country risks that the private sector is unable or unwilling to accept. We also help to level the playing field for U.S. exporters by matching the financing that other governments provide to their exporters.
Ex-Im Bank provides working capital guarantees (pre-export financing); export credit insurance; and loan guarantees and direct loans (buyer financing). No transaction is too large or too small. On average, 85% of our transactions directly benefit U.S. small businesses.
With more than 77 years of experience, Ex-Im Bank has supported more than $456 billion of U.S. exports, primarily to developing markets worldwide.
"Ex-Im has provided us with the opportunity to expand the business beyond its limits, and we are hoping that we can get into another 140 to 150 countries within the next six or seven years," - Jim Ajmal, President and CEO
"The increase in the Ex-Im facility will enable MAG to pursue additional export sales which in turn will secure our current manpower and support new hires," - Dave Nowicki, President
"The initial impact of the Ex-Im Bank insurance was to provide us with confidence to extend credit to overseas buyers, which resulted in increased exports," - John Fry, President and CEO
"The combination of Northern Power's world-class turbine performance with Ex-Im Bank-backed financing offers international customers the potential for very attractive project returns. We look forward to continuing our partnership with Ex-Im Bank to grow our business and expand green jobs at our company and throughout our supply chain," - John P. Danner, CEO
"Ex-Im Bank and PNC have been very useful in expanding this business. It has been a seamless process for us because of the relationship between Ex-Im Bank and PNC. And it has facilitated our growth. Last year we experienced 45 percent growth, most of it from exports." - Frank Darreff, Controller