EXIM Extends Assistance Measures to U.S. Exporters in Federal Disaster Areas in Ohio Affected by Flooding
Today the
"We at EXIM are very concerned for our customers and everyone who has been affected by the severe flooding in the Midwest," said Ambassador
EXIM is offering assistance measures to
For a full list of current measures, please see the fact sheet. Highlights include:
Working Capital Guarantee Program
* EXIM will offer automatic extension of up to six months for working capital loan facilities that mature between
* The Bank is also offering a waiver of provisions relating to both defaults and replenishment of collateral for over advances resulting from losses of inventory or sales.
Multibuyer and Single-Buyer Insurance Programs/Medium-Term Guarantee Program
* EXIM will offer automatic extension to
* Automatic extensions to
* Shipment reporting and premium payment deadlines will be automatically extended to
* EXIM will provide flexibility in claims analysis and automatic policy renewal for multibuyer policies that terminate between
ABOUT EXIM BANK:
EXIM is an independent federal agency that provides competitive and necessary export credit to overseas purchasers of
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