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Medical Company’s Export Sales Surge

Luis Arguello, Sr. and Luis Arguello, Jr.
DemeTECH Corporation

Exporting provided a unique opportunity for DemeTECH to grow their revenues. In order to be competitive in new markets, the company had to offer open account credit terms, which carry the risk of buyer nonpayment.

EXIM’s Export Credit Insurance minimizes DemeTECH’s risks of foreign buyer nonpayment and covers up to 95 percent of the sales invoice. The protection gives the company owner peace of mind in extending open account credit terms of up to 180 days to its customers.

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