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Colorado Printing Company's CFO Can Sleep at Night Knowing EXIM Reduces Nonpayment Risk

Exporter/Customer: 
Fiberlok, Inc.
Export Destinations: 
Germany, Mexico and U.K.
EXIM Bank Product: 
Small Business Export Credit Insurance

Fiberlok product

Fiberlok is a specialty printing company that provides heat transfer graphics products such as computer mouse pads and drink coaster rugs. The company serves various markets, including textile and apparel, promotional ad-specialty, industrial, and retail products. It is family-owned with 70 employees and about 40 percent of its business is international. They sell worldwide but their primary markets are Germany, Mexico, and the U.K.

In 2008, the company discovered the Bank through a direct mail campaign targeting small businesses and has been using the small business multi-buyer credit insurance since. Due to export sales growing 15 to 20 percent annually. EXIM has supported $4.5 million of Fiberlok's exports over the past four years ending in 2015.

"We can sleep at night because the insurance mitigates risk and enables us to offer credit to foreign buyers."
Alan Ziglin, CFO