AirFixture, LLC was founded in 2003, designs, develops, and distributes Underfloor Air Distribution (UFAD) systems for commercial buildings, as well as intellectual property management related to these technologies. The company has been exporting since 2005 and sells directly as well as through three primary distributors. Kuwait, Egypt, and China were there three top markets.
AirFixture management realized to grow their international sales they needed nonpayment risk protection.
In January, 2014, the company was approved for a small business export credit insurance policy. A few months later AirFixture sold $291,232 of products to Korea. EXIM Bank had mitigated their fear of nonpayment as the policy covered 95% of the commercial and political risks.
EXIM has supported $2 million in AirFixture sales during the 2013 to 2017 period.