Former EXIM trade finance professional launched woman-owned firm to help small and medium-sized businesses grow through exporting
FOR IMMEDIATE RELEASE March 29, 2019
Linda Formella (202-565-3204)
Washington, D.C. – Emelev, LLC (Emelev), a small, woman-owned firm headquartered in Park Ridge, Illinois, has been named New Broker of the Year by the Export-Import Bank of the United States (EXIM). Emelev will receive the broker award at EXIM’s 2019 Annual Conference being held at the Omni Shoreham Hotel in Washington, D.C. The awards will be presented at the luncheon today.
Established in 2018 by former EXIM trade finance specialist Ursula Wegrzynowicz, Emelev is an export-focused company providing trade finance, risk management, and advisory services to U.S. small and medium-sized companies (SMEs) seeking to grow through exporting. Emelev currently serves clients in Illinois and the surrounding states.
In the first eight months since becoming a registered EXIM broker, Emelev facilitated an impressive number of EXIM Express, multibuyer, and single-buyer policies. Nearly all of the insured businesses are new to EXIM.
“Emelev is a welcome addition to EXIM’s community of brokers and has shown strong outreach to new customers. Ursula’s longstanding experience with EXIM products is proving to be an asset to her clients and to us. She exemplifies the dedication to helping American exporters succeed abroad that is a hallmark of EXIM employees both during their service at the bank and beyond in the private sector,” said Senior Vice President of Small Business James Burrows.
“Many of my customers had been unable to access the private markets for a variety of reasons: small size of transaction, perceived industry risk, or unconventional payment terms. EXIM’s underwriters and regional staff have been tremendous to work with on range of transactions, some challenging. Already in our portfolio, EXIM has helped to grow and sustain a few hundred good-paying America jobs,” said Emelev Founder and President Ursula Wegrzynowicz.
Ms. Wegrzynowicz began her career at EXIM more than 20 years ago and then transitioned to the private sector where further she developed significant expertise in assisting SMEs. She was appointed by former U.S. Secretary of Commerce Carlos Gutiérrez to serve on the Illinois District Export Council, and she also serves as a member of the board of directors of the International Trade Association of Greater Chicago.
ABOUT EXIM BANK:
EXIM Bank is an independent federal agency that provides competitive and necessary export credit to overseas purchasers of U.S. exports to promote and support American jobs. A robust and fully functioning EXIM Bank can assist the United States in leveling the global playing field for U.S. exporters when they compete against foreign companies that receive the support of their national export credit agencies. EXIM also contributes to U.S. economic growth and the support of more than a million jobs through the support of thousands of small and medium-sized enterprises (SMEs) around the country. Since 2000, EXIM Bank has provided $14.8 billion to the U.S. Treasury after paying for all of its administrative and program expenses.