Ex-Im Renews Financing for Supply-Chain Facility
The Export-Import Bank renewed a 90 percent guarantee of a $100 million Citibank facility, to purchase invoices generated through the sales of goods and services by eligible U.S. suppliers to CNH America, the Bank announced April 18. The authorization is…
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Ex-Im’s second renewal of the facility. It will support small-business suppliers of CNH by increasing liquidity to fulfill new orders, Ex-Im said. The facility is provided through the Bank’s Supply-Chain Finance Guarantee Program.