Export Financing

For your pre-export financing needs, United Commercial Bank can facilitate a working capital loan guaranteed by the Export-Import Bank of the United States (Ex-Im Bank). Our Delegated Authority Lender status allows us to approve loans without the need of Ex-Im Bank's prior approval, expediting the loan application process.

Benefits:

• Fulfill export sales orders
• Convert export-related inventory and accounts receivable into cash
• Generous advance rate of up to 90% against foreign receivables and 75% against export-related inventory
• For letters of credit issued under the guaranteed loan, the program only requires collateral for 25% of the value of the letter of credit

Use of Proceeds:

• Purchase finished products for export
• Pay for raw materials, supplies, labor, and overhead to produce goods for export
• Support Commercial Letters of Credit issued for the benefit of U.S. supplier
• Support Standby Letters of Credit serving as performance bonds or payment guarantees

Type of Loan Facilities:

• Revolving Line of Credit
• Transaction Specific (supports a single export sales order)
• Transaction Specific Revolving (supports several export sales orders)

For more information, please contact: