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Delegated Authority for Approved Lenders To Increase Use of EXIM Bank's 
Medium-Term Loan Guarantees

EXIM Bank's Medium-Term Delegated Authority (MTDA) Program is designed to increase EXIM Bank support for exports of U.S. capital goods by enabling approved lenders to underwrite and approve EXIM Bank guarantees for commercial medium-term export credits. The MTDA Program features enhanced coverage for small-business exports.

Benefits:

  • EXIM Bank support for medium-term export-credit transactions
  • Enhanced small-business support
  • Reduced transaction turnaround time
  • More efficient leveraging of EXIM Bank's staff resources

Program Description:

Approved lenders will have delegated authority to underwrite and authorize standard EXIM Bank-guaranteed medium-term transactions without prior EXIM Bank review and approval. Program features include:

  • Adherence to EXIM Bank policies and credit standards
  • Lender required to share the credit risk by retaining 10 percent of the commercial risk
  • Lender retains 10 percent of the EXIM Bank exposure fee
  • Enhanced coverage for transactions benefiting small-business exporters and/or suppliers; lender's required retention of commercial risk reduced to 8 percent

Lender Limits:

EXIM Bank will determine the level of delegated authority for each approved lender. Lenders may be approved up to:

  • A maximum of $10 million per individual delegated-authority transaction
  • A maximum of $100 million in aggregated delegated-authority transactions

Lender Eligibility:

EXIM Bank will consider several criteria in evaluating lenders for eligibility and lending limits, including:

  • Medium-Term Lending Experience in Emerging Markets
  • Transaction Due-Diligence Capability
  • Underwriting Capability
  • Loan Monitoring and Administration Capability

Please see the MTDA Program Description for more information.

EXIM Bank Contacts:

Lenders requesting more information may call or send an email to: