5 things you need to know about the export-import bank
Post on 11-Aug-2014
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DON’T MYTH THE FACTS:5 Things You Need to Know
About the Export-Import Bank
Since 1990, Ex-Im has returned to the U.S. Treasury $7 billion more than it has received in appropriations
FACT 1:
Small and medium-sized businesses account for 90% of Ex-Im’s transactions
FACT 2:
Last year, borrowers defaulted on less than one-quarter of 1% of all loans backed by Ex-Im
FACT 3:
In 2013, Ex-Im supported more than 200,000 American jobs
FACT 4:
Failure to reauthorize Ex-Im will put billions of dollars in U.S. exports and tens of thousands of American jobs at risk
FACT 5:
ASK CONGRESS TO REAUTHORIZE THE EXPORT-IMPORT BANK’S CHARTER
BEFORE IT EXPIRES SEPTEMBER 30!
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