Credit unions can discover new lending opportunities for their small business exporters through a webinar hosted by NCUA and the Export-Import Bank of the United States.
The webinar, “Export Financing for Your Small Business Members,” is scheduled for August 19, beginning at 2 p.m. Eastern. Online registration is now open. Participants will use this same link to log into the webinar and should allow pop-ups from this website. There is no charge to participate.
Staff from EXIM will discuss the Working Capital Loan Guarantee program, which provides a 90 percent guarantee against loans to exporters. Loans guaranteed by EXIM are exempt from the member business lending cap. EXIM staff will also discuss export credit insurance, which protects U.S. exporters against payment risk from their foreign customers.
This webinar will be closed captioned and then archived online approximately three weeks following the live event.
The NCUA and the EXIM Bank signed a Memorandum of Understanding on June 9 that launched a three-year collaboration to bring credit unions and small businesses together and raise awareness about the EXIM’s programs.