What Is Direct Express Select?
Direct Express Select is an insurance policy specifically created for underserved businesses, which includes minority, women, veteran, rural, and disability-owned companies.
The policy covers the accounts receivable created by selling to an international buyer on open account credit terms. With a policy in place, your company can offer open account credit terms (60 days, 120 days, etc.) to win new customers and increase sales to existing buyers, while reducing the risk of nonpayment.
Because of EXIM…
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Key Policy Features
- Created for underserved businesses, which includes minority, women, veteran, rural, and disability-owned companies
- 95% coverage
- No deductible
- No application or policy issuance fees
- Dedicated in-house servicing team
- Pay-as-you-ship premiums
With Direct Express Select, You Have a Dedicated In-house Team
Direct Express Select’s exceptional in-house customer service team is ready to guide you through every step of the process, from explaining policy benefits and reviewing qualifications to streamlining the application and addressing any concerns you may have along the way.
Get the Benefits of Direct Express Select Insurance
Direct Express Select provides a full suite of protective features for American businesses looking to expand safely.
Increased Competitiveness
Enable buyers to access credit for market expansion and enhance sales with current customers.
Improved Liquidity
Accelerate cash flow by borrowing against international receivables.
Risk Management Expertise
Utilize EXIM's global expertise to streamline credit risk management.
Risk Reduction
Safeguard against catastrophic losses from buyer nonpayment.
Does My Business Qualify?
To qualify for Direct Express Select, your business must:
- Show verification of Minority, Women, Rural or Disability Owned status
- Be a small business, as defined by the Small Business Administration (SBA)
- Obtain and maintain an active SAM.gov registration, including the issuance of a Unique Entity Identifier (UEI)
- Have a DUNS number from Dun & Bradstreet
- Have not previously utilized other EXIM insurance products
How Do I Get Started?
EXIM Specialists are ready and waiting in your area to give you a free consultation.
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