23 May 2014
The Export-Import Bank of the United States said it has announced a new goal of USD2bn in financing for US-manufactured business aircraft and helicopters by the end of 2014.
The bank reached its previously announced goal of USD1bn in support of these exports in December 2013, ten months ahead of schedule.
Ex-Im Bank is an independent federal agency that creates and maintains US jobs by filling gaps in private export financing at no cost to American taxpayers. The bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase US goods and services. Its website is at www.exim.gov.