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Exporter and Financial Services Forum

When: 
Tuesday, March 13, 2018 - 8:00am to 11:30am
Where: 
Wilmington, DE
Host: 
World Trade Center Delaware and EXIM

Almost 95% of all consumers live outside the United States, yet only 1 % of all U. S. companies export.  Companies list many reasons why they do not export; lack of information about affordable financing is a prime reason.  

To correct that situation, the World Trade Center Delaware and the Export-Import Bank of the United States (EXIM Bank) will host an Exporter and Financial Services Forum at the University & Whist Club in downtown Wilmington, DE on March 13, 2018.  Experts from EXIM Bank and local EXIM Bank Partners will give regional businesses and financial institutions the inside knowledge they need to maximize their international business opportunities and increase sales.

EXIM Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.  Almost 90 percent of its transactions directly serve American small businesses. In fiscal year 2016 (October 1, 2015, through September 30, 2016), EXIM approved $5 billion in total authorizations to support an estimated $8 billion of U.S. export sales. Since FY 2009, EXIM has supported more than 1.4 million American jobs in communities across the country and sent $3.8 billion of surplus to the U.S. Treasury for deficit reduction.

EXIM Bank provides services to protect against foreign buyer nonpayment using Export Credit Insurance to insure foreign receivables. It empowers businesses to compete more effectively when exporting. It provides Export Credit Insurance and Working Capital Guarantee. It helps companies win foreign projects that require bid or performance bonds. Companies can manage risk and offer more competitive credit terms to foreign buyers using export credit insurance. They can borrow against foreign receivables and inventory to improve their cash flow.  Companies also can obtain a loan guarantee for a foreign customer to buy American-made capital equipment and services.  EXIM helps to safeguard against commercial and political nonpayment risk, protecting margins and ensuring payment using export credit insurance. Companies also can secure financing for overseas sales through their own banks.   Ex-Im Bank also offers other products as part of its portfolio to assist in what tend to be larger projects in areas such as energy, infrastructure, and capital equipment using Loan Guarantee, Direct Loan, and Finance Lease Guarantee instruments.

Who Should Attend:

U.S. Exporters                                           U.S. Product Importers

Brokers                                                        Lenders                                                               

Attorneys                                                    Accountants

Government and Non-Profit Economic Development Officers

At this workshop, participants will learn how to:

Protect Against Buyer Nonpayment                        Get Financing 

Issue Performance and Bid Bonds                            Sell to Foreign Customers on Credit Terms

Borrow Against Export-Related Assets                  Finance a Foreign Buyer’s Purchase

Export Credit Insurance                                                                Working Capital                                              

Working Capital

 

 

For More Information,  Contact World Trade Center Delaware info@wtcde.com  or  302-656-7905