STRUCTURED FINANCING

EXIM offers a range of financing solutions for U.S. exporters and their international clients. Limited recourse (project) and structured financing are two options that provide maximum flexibility to project developers and help U.S. exporters compete globally in the natural resources and infrastructure sectors.

EXIM can consider limited recourse project financing in most countries and has no dollar limits per country or per project.

Whether it is a project or structured financing, EXIM has two main objectives:

Maximize the participation of American companies in the transaction to support American jobs; and
Lend responsibly to creditworthy projects to protect the interests of our “shareholders,” the American taxpayers.

Limited Recourse Project Financing
EXIM Bank's Limited Recourse Project Financing is an arrangement in which EXIM lends to newly established project companies and considers the future cash flows of the project as our source of repayment instead of relying directly on foreign governments, financial institutions or established companies for debt repayment.

This financing arrangement is particularly appropriate where hard currency revenues can be captured offshore or where long-term offtake contracts secure project cash flows. EXIM will work with project developers or equity participants to develop a structure that can be maintained throughout project operations.

EXIM is also exploring other innovative structures such as supplier risk sharing and reinsurance to facilitate transactions in important industry sectors that may not meet these criteria.

Structured financing
Through "structured finance", EXIM can consider existing overseas companies as potential borrowers based on their creditworthiness as reflected in their balance sheet and other sources of guarantees or security enhancements.

EXIM has completed structured transactions such as fiber optic cables in several countries, oil and gas projects, air traffic control, telecommunications and manufacturing entities.

Program Benefits
EXIM Bank's project and structured financing offer many advantages, including:

• Responsiveness – You receive your letters of interest in seven days or less (and you can request them online) or a preliminary proposal letter within 45 days of formal funding request.
• Transparency - You can estimate our exhibition fees, get detailed information about applications and view all documentation published by EXIM Bank (including environmental guidelines, country limitations and project criteria). See the links on this page.
• Availability – No country or project limits.