Did you know that the Export-Import Bank of the United States (EXIM) is an agency of the federal government that helps companies export their products around the globe? As a credit insurance brokerage, IGS has relationships with a variety of credit agencies around the world, including EXIM.
Using EXIM to Unlock Growth Potential in Companies Around the Globe
Who is EXIM?
Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. Their mission is to support the creation of American jobs and unlock financing solutions for U.S. companies competing around the globe, essentially leveling the playing field and enabling growth.
What does EXIM do?
In order to do business in the global marketplace, companies need access to financial products and services that are built to support business growth. Through IGS’s relationship with EXIM, our customers have access to:
Non-payment protection: payment coverage for commercial, international, and political risks
Extend credit: competitive account terms up to 180 days
Working capital: Guaranteed access to commercial lender’s loans for labor/overhead, raw materials, or finished products
Term financing: Obtain lower interest rates and longer repayment terms to both domestic and foreign buyers
In addition to providing financial services that drive business potential to companies of all sizes, EXIM is also a strong community supporter and has a dedicated team to support minority, women, veteran, LGBTQ+ and disabled-owned businesses through their MWOB division. EXIM extends support to organizations in more than 180 countries and have created thousands of jobs in the 83 years they have been established.
IGS has relationships with over 15 credit insurance carriers, EXIM included. Our team works with you to find the right solution for your business and on the path to growth as quickly as possible. To learn more about working with IGS and EXIM, contact us here.