{"id":5518,"date":"2015-12-31T04:08:44","date_gmt":"2015-12-31T10:08:44","guid":{"rendered":"https:\/\/www.insta-pro.com\/en\/?p=5518"},"modified":"2023-03-31T08:41:51","modified_gmt":"2023-03-31T13:41:51","slug":"ex-im-trade-financing-reauthorized-low-cost-financing-solution","status":"publish","type":"post","link":"https:\/\/instapro.spinuhost.com\/en\/blog\/businessstrategyandfinance\/ex-im-trade-financing-reauthorized-low-cost-financing-solution\/","title":{"rendered":"EX-IM Trade Financing Reauthorized: Low Cost Financing Solution"},"content":{"rendered":"<p>Low cost financing, even for the well established companies, is a common challenge for feed manufacturers and processors around the world.<\/p>\n<p>After a 5 month hiatus due to political issues, the Export-Import Bank of the United States has been <a href=\"http:\/\/www.exim.gov\/reauthorization\">reauthorized<\/a> by the US Congress and can start backing loans again to foreign buyers (except for those in excess of US$10MM).\u00a0 Because many exporters are small and medium sized businesses, they rely on EX-IM Bank to be competitive in the global marketplace.\u00a0 As a US Exporter who has won business due to EX-IM loans, it\u2019s a positive to know that the program will continue.\u00a0 The program offers short, medium and long term loans to foreign buyers of US goods that are flexible and have <a href=\"http:\/\/www.exim.gov\/about\/special-initiatives-assistance\/africa-sub-saharan\/policies-and-requirements\">only a few steps required in order to get approved.<\/a><\/p>\n<p>Many of our customers are family owned or small businesses in other countries.\u00a0 They often times have only part of the funding required to purchase equipment.\u00a0 What the bank does is provide a low interest loan so the foreign customer can afford to purchase our equipment, or keep their cash for operational expenses and secure a loan for the entire equipment purchase.\u00a0 Another option is to be approved for a short term \u201cloan\u201d as a 6 or 12 month insured receivable.\u00a0 This is our most common use of Ex-Im by our customers.\u00a0 \u00a0Our company works with a broker than can find the right solution for your specific financing needs.\u00a0 Our CEO Kevin Kacere summarizes the different EXIM Bank programs <a href=\"http:\/\/blog.insta-pro.com\/2013\/04\/30\/a-great-international-financing-solution\/\">here<\/a> and I invite you to read his blog to get a brief overview of the programs offered.<\/p>\n<p>If you are outside the U.S. and looking at investing in an extrusion plant or expanding your current operation, please <a href=\"https:\/\/www.insta-pro.com\/contact-us.html\">contact us<\/a> to discuss financing solutions, including the option of financing through EX-IM Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Low cost financing, even for the well established companies, is a common challenge for feed manufacturers and processors around the world. After a 5 month hiatus due to political issues, the Export-Import Bank of the United States has been reauthorized by the US Congress and can start backing loans again to foreign buyers (except for [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":10961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[35,69],"class_list":["post-5518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-businessstrategyandfinance","tag-capital-investment","tag-profitable-feed-processing-plant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EX-IM Trade Financing Reauthorized: Low Cost Financing Solution<\/title>\n<meta name=\"description\" content=\"After a 5 month hiatus, the Export-Import Bank 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