Posted by Keith Wiley, Intern
On February 19th the World Trade Center Harrisburg hosted an
Export Credit Insurance Seminar. Our speaker, John Strayhorn, President of
Global Insurance Services, gave a very informative presentation.
Attendees learned an extensive amount about Export Credit Insurance and
how to expand sales as well as borrowing capacity.
The following topics were covered:
- Introduction
to Short-Term Export credit Insurance
- Requirements
for Short Term Credit Insurance
- Single
Sale vs. Multi-Buyer (Portfolio) Approaches
- Permits
Expansion of Borrowing Case
- Private
Sector Credit Insurance Providers
- U.S.
Export Import Bank Credit Insurance Policies
- Agricultural
Products
- How
to expand your bank credit line using credit insurance
A note on the Export Import Bank of the United States:
Ex-Im Bank does not compete with private sector
lenders but provides export financing products that fill gaps in trade
financing. They will assume credit and country risks that the private sector is
unable or unwilling to accept. They also help to level the playing field for
U.S. exporters by matching the financing that other governments provide to
their exporters. With 80 years of experience, Ex-Im Bank has supported more
than $600 billion of U.S. exports, primarily to developing markets worldwide. To
contact the Eastern Region Office for more information please visit their website.
For more detailed information regarding the above topics covered
at the seminar please feel free to visit the Global Insurance Services Website.
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