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Export assistance
In US exporters can draw on two forms of government assistance to help finance their export programs:
Export-Import Bank
Often referred as Eximbank, is an independent agency of the US government, who provides financing aid that will facilitate exports, imports and the exchange of commodities between the United States and other countries.
Export credit insurance
The exporter can insure against the possibility that the importer don’t pay by buying export credit insurance. If the customer defaults, the insurance firm will cover a major portion of the loss.
In the US the Foreign Credit Insurance Association (FCIA), provides export credit insurance, they provide coverage against commercial and political risk.
Export-Import Bank
Often referred as Eximbank, is an independent agency of the US government, who provides financing aid that will facilitate exports, imports and the exchange of commodities between the United States and other countries.
Export credit insurance
The exporter can insure against the possibility that the importer don’t pay by buying export credit insurance. If the customer defaults, the insurance firm will cover a major portion of the loss.
In the US the Foreign Credit Insurance Association (FCIA), provides export credit insurance, they provide coverage against commercial and political risk.
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