Export-Import Bank of the United States (EXIM) | Export Credit Agency (ECA) in USA

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Export-Import Bank of the United States (EXIM) |
Export Credit Agency (ECA) in USA

About Export-Import Bank of the United States

The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM is an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.

When private-sector lenders are unable or unwilling to provide financing, EXIM fills in the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, the Bank levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs.

Because it is backed by the full faith and credit of the United States, EXIM assumes credit and country risks that the private sector is unable or unwilling to accept. The Bank’s charter requires that all transactions it authorizes demonstrate a reasonable assurance of repayment; the Bank consistently maintains a low default rate and closely monitors credit and other risks in its portfolio.

Key Stats

Name

Export-Import Bank of the United States (EXIM Bank)

Country

USA, Americas

CEO

Reta Jo Lewis

Founded

1934

Employees

402

Government:

USA Government

Company Number

Address

Export-Import Bank 811 Vermont Avenue, NW Washington, DC 20571

Email Address

A summary of Export-Import Bank of the United States

Export-Import Bank of the United States – Benefits of using an ECA in USA

  • Protect against buyer non payment
  • Get financing
  • Borrow against export related expenses

Products and services offered by Export-Import Bank of the United States

EXIM Bank also offers other products as part of its portfolio to assist in what tend to be larger projects in areas such as energy, infrastructure, and capital equipment.

  • Export credit insurance
  • Working capital
  • Loan guarantee
  • Finance lease guarantee
  • Project and structured finance

History of Export-Import Bank of the United States

Founded in 1934, the Export-Import Bank was organized by Franklin D. Roosevelt under the name Export-Import Bank of Washington. The stated goal was “to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and other Nations or the agencies or nationals thereof.”  The Bank’s first transaction was a $3.8 million loan to Cuba in 1935 for the purchase of U.S. silver ingots.

The Export-Import Bank became an independent agency in 1945. The Bank’s name was changed to “Export-Import Bank of the United States” in 1968.

Over the years, the Export-Import Bank helped finance several historic projects including the Pan-American Highway, the Burma Road, and post-WWII reconstruction.

Website

Are you an exporter based in USA?

See our TFG USA Export guide

Find out more

Finished Goods

Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

Read More

Soft Commodities / Grains

We’ll work with traders and producers to help them increase their trade flows in the jurisdictions they’re operating in

Read More

Metals

From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

Read More

Speak to our trade finance team



Local Authors

President and Chair of the Board of Directors, US EXIM
Chief Economist,
VP of Payments and Financial Crimes, BAFT
President and CEO,
SVP and Global Head of Treasury and Working Capital Solutions,

Local Partners

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