EXIM Bank Relief Measures in Response to COVID-19

In response to the economic slowdown caused by the COVID-19 pandemic, the Export–Import Bank of the United States (“EXIM Bank”), the official export credit agency of the United States, has adopted four measures to help U.S. exporters and their suppliers and overseas buyers of U.S. goods and services get access to cash to support their transactions.

The EXIM Bank measures should be of particular interest to small- and medium-sized U.S. businesses that export goods or services (especially U.S. exporters of long lead-time manufactured goods), as well as their suppliers and their foreign customers who are encountering difficulty finding commercial sources of financing for their purchases.

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Written by:

Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP on:

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