What is the Export-Import Bank of the United States (EXIM)?
The Export-Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the federal government. It was originally established in 1934 as the Export-Import Bank of Washington to help businesses during the Great Depression. After being restructured by Congress in 1945, it became an independent agency under the Export-Import Bank Act. In 1968, it officially adopted its current name.
Often described as the “insurer of last resort,” EXIM helps level the global playing field by filling financing and insurance gaps left by the private sector.
EXIM is currently authorized through September 2026.
👉 View EXIM’s full historical timeline »
How the Export-Import Bank Supports U.S. Exports
EXIM finances global infrastructure projects that rely on U.S.-made capital equipment and services. It also enables American exporters to:
- Offer credit terms to international buyers
- Access working capital through lender guarantees
- Protect against foreign buyer nonpayment
- Support for international buyers of U.S. capital equipment
The core mission: support U.S. jobs by enabling exports.
Why the Export-Import Bank is Essential for U.S. Companies
Most developed economies have their own export credit agencies. Similar to EXIM, they support their companies in the global marketplace. Without EXIM, U.S. companies would face a disadvantage against global competition—especially when foreign competitors have government-backed financial support.
⚠️ Important Note: EXIM is not a bank in the traditional sense. It does not typically lend directly to exporters—this is a common misconception among new exporters. Instead, it provides support through insurance and loan guarantees.
EXIM Solutions: How the Export-Import Bank Helps U.S. Exporters
EXIM offers a variety of solutions that help U.S. exporters mitigate risks and expand their global reach. These include:
Export Credit Insurance
- Single-Buyer Policies – Protect against default from a specific international customer
- Multi-Buyer Policies – Cover a portfolio of export receivables
Working Capital Guarantees
Help lenders provide financing to exporters for raw materials, labor, and fulfillment
Loan Guarantees
Support international buyers of U.S. capital equipment gain financing by providing loan guarantee to American -based lender
How to Apply for EXIM Services
Exporters can apply through EXIM-registered brokers and financial partners who assist with paperwork, eligibility, and risk analysis. Since 2005, Securitas Global Risk Solutions has been registered partner with EXIM. We were honored to be named the Broker of the Year in 2015. Regional Broker of the Year in 2020. Platinum status broker (EXIM’s highest status) in 2021 & 2022 and Gold status in 2023 & 2024. We provide personal service and are focused on delivering results that produce long-term relationships. A team of experienced associates will work with you to develop, implement and manage the right EXIM program for your business.
2015: Securitas Global Risk Solutions wins EXIM Broker of the Year
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Since 2004, Securitas Global Risk Solutions, LLC (“Securitas”) has helped clients develop credit and political risk transfer solutions that provide value on numerous levels. As an independent trade credit and political risk insurance brokerage, Securitas is focused on developing comprehensive solutions that meet the needs of clients, ensuring a complete understanding of policy wording and delivering excellent responsive service.
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