As the Export-Import Bank of the United States (Exim Bank) recently reported, “businesses across the U.S. are doing what they can to maintain sales [during the COVID-19 outbreak], but relying upon receivables from customers in Europe, Asia or even South America may seem like a risky proposition. If you’re concerned that overseas customers may begin to slow-pay on receivables or, worse, go out of business, there are government-sponsored programs in place that can help.”
Export Credit Insurance protects you from these above scenarios and more, reducing the risk of buyer nonpayment and allowing you to commit to export sales without fear of loss during the Coronavirus pandemic.
Download Exim Bank’s free e-book to learn how Export Credit Insurance works, what it costs, and how to qualify.
Have questions? Contact Exim Bank. Additional resources can be found here, including COVID-19 info.
There are more than 8 billion potential customers in the world looking for your product or service. Are you ready to serve them?