02 keynote e im chairman fred hochberg
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Global Access for Small
Business
November 18, 2011 – Detroit,
Michigan
Export-Import Bank of the United States
5%
1 BILLION
Export-Import Bank of the United States
U.S. #1 manufacturer in the worldU.S. #3 in global exports1% of U.S. companies export
Export-Import Bank of the United States
Export-Import Bank of the United States
Pan-American Highway Marshall Plan Burma Road
Export-Import Bank of the United States
$3.7 BILLION
No Cost to Taxpayers
Export-Import Bank of the United States
Support in Over 150 Countries
1. Brazil2. Colombia3. India4. Indonesia5. Mexico6. Nigeria7. South Africa8. Turkey9. Vietnam
Export-Import Bank of the United States
FY 2011: A Record-Breaking Year
•More than $32 billion in export financing supporting $41 billion sales
•290,000 jobs at 3,600 companies
•$6 billion in small business authorizations (+20%)
•Over 85% of total transactions benefit small business
Export-Import Bank of the United States
Michigan Exports
Key Industries:
• Transportation Equipment
• Chemical Manufactures
• Machinery Manufactures
• Primary Metals Manufactures
• Computers and Electronic Products
Annual 2010 Total State Exports:
$45 billion (+36%)Recovering
Ex-Im Bank FY’11
$147 millionSmall Business 52%
Export-Import Bank of the United States
Export-Import Bank of the United States
Global Access
Export-Import Bank of the United States
Putting Customers First:Government at the Speed of Business
• More outreach and information
• Faster cycle time
• Strong growth in Insurance and Working Capital
• Streamlined credit approvals and delegation
• Expanded eligibility
Export-Import Bank of the United States
Customer Focus: New Products
Express Insurance
Supply Chain Financing
Renewable Express
Export-Import Bank of the United States
Reaching More Customers
Industry Events
Seminars Webinars
Export-Import Bank of the United States
Partners
Export-Import Bank of the United States
Working Capital Ex-Im Bank Success StoryMAG IASSterling, Michigan
Jobs Maintained: 100 Likely Add 50 More
“The Ex-Im facility will enable MAG to pursue additional export sales which in turn will secure our current manpower and support new hires.”
- Dave Nowicki, President
Export-Import Bank of the United States
Receivables Insurance Ex-Im Bank Success StoryHardwoods of MichiganClinton, Michigan
Destination: Estonia
"Exim insurance has given us the flexibility to extend larger lines of credit to worthy customers at a competitive rate."
- Brian Burt, CFO
Export-Import Bank of the United States
Working Capital and Insurance - Success Story ComboEnergy International CorporationCanton, MichiganDestination: Middle East
“Ex-Im Bank is our safety net for resources and protection.”
– Barry Pray, Controller
Export-Import Bank of the United States
Buyer Financing Ex-Im Bank Success Story
Wirtz ManufacturingPort Huron, Michigan
Jobs Supported: 30
Destination: Israel
Export-Import Bank of the United States
Export-Import Bank of the United States
Our Goal
Export-Import Bank of the United States
exim.gov/smallbusiness
800.565.3946