U.S. Ex-Im Bank Reports Record Year
In its annual filing, the Export-Import Bank of the United States (U.S. Ex-Im Bank) reported a record number of transactions in 2012 – totaling $35.8 billion. Providing liquidity at attractive rates to U.S.-based small and medium businesses, U.S. Ex-Im Bank loans are backed by the U.S. government. The bank charges fees to the loans which are then used to cover administrative costs, with all surplus money returned to the U.S. Treasury.
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