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...
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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...