FIBA Partners with FIU Center for Leadership
ExIm Bank Delegated Lender Training in Miami June 17th
Learn How to Make Offer Working Capital Loans with Less Risk
(Miami, May 17, 2010) FIBA, a Miami based trade association of international banks, will offer the Ex-Im Bank Working Capital Delegated Authority Training in Miami on June 17th. This all day program will teach lenders how to extend pre export working capital to qualifying US based companies that sell internationally. By taking this training, lenders will also qualify and become an Ex-Im Bank Delegated Authority Lenders. This allows the lender to process and commit Ex-Im Bank working capital applications.
These loans can be secured against export-related collateral and/or accounts receivable and have terms up to three years for some revolving loans. Typical advance rates may be up to 75% for inventory and 90% for accounts receivable.
At this seminar, you will also learn about international buyer financing and Ex-Im Bank new products and policies. These invaluable services allow lenders to add significant value to their existing customer base and work with new exporters. To register, go to firstname.lastname@example.org or call 305 579 0086 if you have any questions. The program is offered in order to help give exporting customers the liquidity to accept new business, grow their international sales, and compete more effectively in the international marketplace. As fewer companies work with open accounts, ExIm Bank guarantees are an important tool in trade finance.
FIBA is a non profit trade association, based in Miami. Its membership is composed of foreign and domestic banks which are active in international trade in our hemisphere. FIBA’s goal is to promote and expand international trade and commerce for Florida. www.fiba.net