Ex-Im Bank Partnering with NMBC to Increase Access to Export Working Capital and Credit Insurance.
According to the Office of the US Trade Representative, 95 % of the world’s consumers are outside of the United States and they represent 75% of the world’s purchasing power–a huge growth opportunity for NMBC businesses. Unfortunately, too few NMBC members are selling their products internationally. Our reasons for avoiding international sales range from fear of nonpayment to lack of working capital.
At NMBC, we recognize the importance of providing the technical assistance and support that is necessary to ensure that each firm develops the capacity to succeed in the global marketplace over the long term, by taking advantage of the current EX-IM opportunities.”