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EXIM Helps Small Montana Business Export Pet Toys

Exporter/Customer: 
West Paw Design
Export Destinations: 
Denmark, Finland, Netherlands, and Norway
EXIM Bank Product: 
Multi-buyer Export Credit Insurance
Export Sales ($): 
$1 million

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Schoggi, Inc. dba West Paw Design is an eco-friendly small company founded in 1987 in Bozeman. The business primarily exports to the Mexico and the Scandinavian countries selling toys, beds and clothing for pets. Impressively, 100% of the company's products are made in the USA, with 98% made right in the same building.

The firm employs about 40 people and has seen its business grow with foreign buyer nonpayment protection with EXIM's Export Credit Insurance. The insurance policy also allows West Paw Design to offer "open account" credit to its buyers. Typical terms were 30 to 60 days rather than having its customer pay cash-in-advance and adversely affect its cash flow.  EXIM has covered $1 million of the company's export sales during the 2016 to 2018 period.

 

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