Several U.S. Government agencies and multilateral development organizations, mostly based in Washington, D.C., provide financial services and incentives for U.S. businesses seeking to enter the international marketplace. The U.S. Government, in its efforts to maintain a competitive position for the U.S.A. in global commerce, is actively encouraging small- to medium-sized businesses to use these programs to enter and/or expand their participation in the international marketplace.
The Export-Import Bank of the United States (EXIM) is an independent U.S. government agency chartered by Congress to facilitate the financing of exports of U.S. goods and services. EXIM Bank provides export credit support to either U.S. exporters on a short-term basis, or to foreign purchasers of U.S. products on a longer term (2-12 years) basis. Through loan guarantees and insurance, EXIM fosters exports by making working capital available to U.S. exporters.
The U.S. Trade & Development Agency (TDA) provides funding for feasibility studies, orientation visits, and specialized training grants. It helps American businesses compete for infrastructure and industrial projects in emerging markets.
The Overseas Private Investment Corporation (OPIC) is an independent U.S. Government agency that encourages mutually beneficial direct U.S. investment in developing countries and emerging democracies. OPIC assists U.S. investors through financing investments by way of direct loans and loan guarantees, and by insuring investments against a broad range of political risks.
The Inter-American Investment Corporation (IIC), an affiliate of the Inter-American Development Bank (IDB), provides financing of private sector investment projects in Latin America and the Caribbean. The International Finance Corporation (IFC), a member of the World Bank Group, invests in private ventures in developing countries by providing equity financing and loans without government guarantees in collaboration with other investors. Please contact the International Department at Zions Bank if you want to learn more about any of these government and multilateral finance programs.