Expanding U.S. Sales Overseas with Export Financing
The Export-Import Bank of the United States (Ex-Im Bank) is breaking the mold on how the U.S. does business overseas. By providing competitive financing to American companies, it provides business owners a level playing field to face foreign competitors head on. Expanding sales of U.S. products into foreign markets is putting Americans back to work, and Ex-Im Bank has the resources to support them. The demand for American products is resonating abroad, but not enough businesses are able to meet those demands without help. Last fiscal year, Ex-Im Bank set export finance records including $32 billion in total authorizations and $41.3 billion in export sales at more than 3,600 U.S. companies, supporting approximately 290,000 American jobs. To engage more customers in more countries, American companies need to know the resources available to them. more....