EXIM Bank Working Capital Guarantee
The EXIM Bank Working Capital Guarantee program is a program offered by the Export Import Bank of the United States. The program is intended to help US exporters obtain working capital loans from commercial banks to support the company's export sales.
EXIM Bank provides lenders with a 90% guarantee and permits the lenders to provide working capital loans to its customers with the following parameters:
- Up to 75% advance rate on export-related inventory
- Up to 90% advance rate on foreign receivables
- Standby letters of credit (“SBLC”) issued as bid bonds and performance or advance payment guarantees can be issued with collateral as low as 10% of the value of the SBLC.
Our team at Impello Global has nearly 15 years of experience working with EXIM Bank and their Working Capital Program. We have assisted banks and companies to obtain delegated authority, establish internal best practices, and develop formal credit policies and procedures. We have built a lasting relationship with the EXIM Bank team and have successfully processed and collected on claims when needed.
If you are thinking about offering this program to your clients or looking for ways to improve and grow your current capabilities, Impello Global can assist. Our team will conduct a full analysis of your current capabilities and provide a step by step plan to implement and optimize your team’s performance. We also offer services to help you manage the program over time or through a transition, tailored to your specific situation.
Impello Global, LLC