The US Export-Import Bank may have to shut its doors if Congress fails to act by September 30 to reauthorize the 80-year-old bank’s charter. The Obama administration has asked Congress to reauthorize Ex-Im for five years and to raise its portfolio cap by $20 billion...
Where Love and Quiches Found Working Capital: US Ex-Im Bank
by Bill Armbruster, blog anchor Financing is often the most crucial issue for US exporters, even more than the price of their goods. If commercial banks won’t provide the necessary credit, or the foreign buyers require assistance with financing so they can pay for the...
Rejected: Ex-Im Bank
Bank’s denial of loan guarantees sinks export deal, draws fire Just last week we noted the U.S. Export-Import Bank’s role in boosting U.S. exports, which have been growing fast enough to achieve the Obama administration’s goal of doubling overseas sales in five years....
U.S. Exports Up 16.9% January-April 2010
Pace of growth would double exports in five years The Export-Import Bank of the U.S. (Ex-Im Bank) is trumpeting government statistics that indicate U.S. exports of goods and services increased by 16.9% in the first four months of 2010. At this pace, the U.S. is on...