FOR IMMEDIATE RELEASE November 17, 2010
Marianna Ohe (202-565-3200)
WASHINGTON, D.C. - The Export-Import Bank of the United States (Ex-Im Bank) today held the first in what will be a series of free webinars to inform U.S. small and medium-sized businesses about financing that can help them grow their profits by exporting.
U.S. companies around the country that participated in the on-line seminar were briefed about Ex-Im Bank financing products that will help them acquire credit insurance, protect against buyer non-payment, and obtain working capital to fill sales orders.
We have made it a priority to reach out to small and medium-sized businesses, said Ex-Im Bank Chairman and President Fred P. Hochberg. Through today's webinar and other upcoming outreach activities, Ex-Im Bank is getting the word out to American companies that we can help them enter new foreign markets, increase overall export sales, improve cash flow, and minimize trade risks. Many of our financing products are tailored to meet the needs of first-time exporters and address the concerns small companies have about working with buyers outside the U.S.
Ex-Im Bank soon will publish the schedule of the upcoming Webinar events on the agency's new Small Business web portal, which can be found at www.exim.gov.
Ex-Im Bank is the official export-credit agency of the United States. The independent, self-sustaining federal government agency helps to create and maintain U.S. jobs by financing the sales of U.S. exports, primarily to emerging markets throughout the world.