EXIM Bank Working Capital Guarantee Program: What You Need to Know
The Export-Import Bank of the United States (EXIM Bank) offers a Working Capital Guarantee Program that helps U.S. exporters access the financing they need to fulfill export orders and expand into international markets. As an EXIM Bank Platinum Broker, Impello Global helps companies navigate this powerful program to unlock growth capital.
The EXIM Working Capital Guarantee provides a 90% guarantee on loans made by commercial lenders to U.S. exporters. This guarantee reduces the risk for lenders, which means they can offer more favorable terms and larger credit facilities to exporters. The program is available to businesses of all sizes, though it is particularly valuable for small and medium-sized enterprises that may struggle to access traditional export financing.
How does the program work in practice? A U.S. exporter applies through an EXIM-approved lender. Once approved, the lender extends a revolving line of credit backed by EXIM’s guarantee. The exporter can use these funds to purchase raw materials, pay for labor, cover overhead, or finance any costs associated with producing goods or services for export. As export receivables are collected, the line revolves, providing ongoing access to working capital.
The benefits of the EXIM Working Capital Guarantee are substantial. Exporters can often borrow against export-related inventory and receivables at higher advance rates than conventional lending allows. The program can also help businesses that are new to exporting or that have limited collateral. By reducing the lender’s risk, EXIM’s guarantee opens doors that might otherwise remain closed.
Eligibility requirements are straightforward. Your business must be a U.S. company exporting U.S.-made goods or services. The products must have at least 50% U.S. content, and military or defense items are generally excluded. There is no minimum or maximum transaction size, making the program accessible to exporters at every scale.
Impello Global, as an EXIM Bank Platinum Broker, guides businesses through the entire application process, from initial qualification through lender matching and ongoing program management. If your company exports or plans to export U.S.-made products, the Working Capital Guarantee Program could be the key to unlocking the capital you need to grow. Contact us today to learn how we can help you take advantage of this program.
