Export-Import Bank (Ex-Im Bank)

The Export-Import Bank (Ex-Im Bank) is a U.S. government agency that helps American companies sell their products and services internationally. It provides financial support such as loans, guarantees, and insurance to reduce the risk for lenders and buyers. This encourages U.S. businesses to compete globally by making exports more affordable and reducing financial uncertainties. Essentially, Ex-Im Bank acts as a financial partner that promotes American exports, supporting economic growth and job creation by facilitating international trade for U.S. companies.