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 EXPRESS INSURANCESMALL BUSINESS
MULTI-BUYER
STANDARD
MULTI-BUYER
MULTI-BUYER SELECT RISK (MBSR)
Target Market Small businesses new to exporting* with <$7,500,000 export credit sales and 10 or less buyers. Must have no more than five years of export credit experience Small business* with <$7,500,000 export credit sales Experienced U.S. companies Experienced U.S. companies with at least 50% of TOTAL eligible export credit sales***
Base Coverage 95%. Not all accounts must be covered 95% 95% 95%
Discretionary Credit Limits None. EXIM approves all buyers Yes, amount based on U.S. company’s experience Larger amounts for most experienced exporters Yes, amounts based on exporter’s experience and spread of risk
Deductible None None Yes, amounts based on exporter’s experience and spread of risk Yes, amounts based on exporter’s experience and spread of risk
Premium Rate per $100 (for private sector buyers)** Same rates for any country risk.
Based on payment terms offered to buyers:
1-60 days: $0.65
61-120 days: $1.06
121-180 days: $1.35
Same rates for any country risk.
Based on payment terms offered to buyers:
1-60 days: $0.55
61-120 days: $0.90
121-180 days: $1.15
Portfolio tailored rate with discounts for low risk country concentration and many buyers Portfolio tailored rate
Report Shipments Monthly Monthly Monthly Monthly
Period Covered 12 months; Renewable 12 months; Renewable 12 months; Renewable 12 months; Renewable
Claim Filing 3–8 months after due date 3–8 months after due date 3–8 months after due date 3–8 months after due date
Policy Issuance Fee Minimum $500; Refundable Minimum $500; Refundable Minimum $500; Refundable Minimum $500; Refundable
Foreign Buyer Credit Information Does not have to be provided by the exporter Exporter must provide to EXIM Exporter must provide to EXIM Exporter must provide to EXIM

*For businesses that meet the Small Business Administration (SBA) definition and whose three-year annual average of export credit sales are not more than $7.5 million (excluding sales to Canada and secure payment terms such as cash, letter of credit, or sight drafts). Environmental small business policyholders are exempt from the $7.5 million “exit threshold.”
**Different rates apply for letter of credit and sovereign buyers.
***EXIM may be able to offer flexibility on portfolios that do not meet the 50 percent threshold requirement, as long as the remaining spread of risk is sensible.