
Export-Import Bank of the United States (EXIM Bank)
The Export-Import Bank of the United States (EXIM Bank) is a government agency that supports American businesses in selling goods and services abroad. It provides loans, loan guarantees, and insurance to help U.S. companies compete internationally by reducing financial risks associated with exporting. This assistance enables businesses, especially small and medium-sized ones, to expand into global markets, create jobs at home, and strengthen the U.S. economy. Essentially, EXIM Bank acts as a financial partner that facilitates international trade by making exports more accessible and secure for American companies.