Increasing small-business exports is a major focus of Ex-Im Bank's 2013 Annual Conference, being held on April 4-5 in Washington, D.C. Approximately 1,200 participants, including exporters, lenders and international buyers, are attending. Vice President Joe Biden is among the distinguished government and private-sector business leaders scheduled to speak.
About Ex-Im Bank
Ex- Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. In the past five years (FY 2008 through FY 2012), Ex-Im Bank has earned for U.S. taxpayers nearly $1.6 billion above the cost of operations. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.
Ex- Im Bank approved nearly $35.8 billion in total authorizations in FY 2012 – an all-time Ex-Im record. This total includes more than $6.1 billion directly supporting small-business export sales – also an Ex-Im record.Ex- Im Bank's total authorizations in the last fiscal year are supporting an estimated $50 billion in U.S. export sales and approximately 255,000 American jobs in communities across the country. For more information, visit www.exim.gov. SOURCE Export-Import Bank of the United States