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W
o
r
k
i
n
g
C
a
p
i
t
a
l
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Purpose
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To facilitate the production of goods or services for export markets
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Guarantee
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- 90% of principal and interest guaranteed by Ex-Im Bank
- 100% for minority, woman-owned or rural businesses
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Repayment
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- Typically 1 year but can be extended to 3 years
- Transaction specific or revolving
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Fees/Interest Rate
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- $100 application process fee
- 1.5% up-front facility fee for 1 year loan (0.75% loans of up to 6 months)
- Interest rate and application fees determined by the commercial lender
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Security
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Export –related accounts receivable and inventory (including work-in-progress) tied to an export order
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M
E
D
I
U
m
-
T
E
R
m
L
O
A
n
s
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Purpose
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Term financing to creditworthy private and public sector international buyers of U.S. capital goods and services
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Guarantee
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- 100% of principal and accrued interest guaranteed by Ex-Im Bank
- Guarantee covers 85% in the U.S. supply contract or 100% of the U.S. content in the U.S. supply contract
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Cash Payment
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- Buyer to make cash payment for 15% of the U.S. supply contract
- Buyer may borrow the cash from the lender or the exporter at market terms
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Repayment
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- Between 2-5 years for capital equipment and services
- 7 years for environmental or medical equipment
- 10 years for transportation equipment and large-scale projects
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Interest Rate
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Determined by the commercial lender
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Security
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Buyer to meet specified credit standards, otherwise the use of guarantors and other credit enhancements may be used to qualify
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