Borrowing against inventory and accounts receivable allows businesses to turn assets into much-needed cash flow. U.S. exporters face special challenges when it comes to securing asset-based loans. Private lenders can be hesitant to lend against export-related assets, creating cash flow problems for exporters.
EXIM offers two types of support that enable businesses to borrow against their export-related assets and access cash flow to grow their sales overseas:
- Export Credit Insurance – An insurance policy for exporters’ foreign accounts receivable, providing protection against the risk of buyer nonpayment.
- Working Capital Loan Guarantee – EXIM can work with your private lender to help unlock the vital funds needed to capture international sales.