Making international sales is challenging enough without having to worry about getting paid. Sometimes buyers demand credit can expose your company to commercial and political risks. Sometimes buyers simply default and leave your company with a loss.
The Export-Import Bank of the United States (Ex-Im Bank - www.exim.gov), the official export credit agency of the United States government, can substantially reduce the risk of nonpayment. Without this worry, your company can enter new markets and increase its international sales with confidence. In fact, Ex-Im Bank’s export credit insurance can cover your risk in over 150 countries.
The Eugene Area Chamber of Commerce is hosting a roundtable with Ex-Im Bank representative, Jim Lucchesi at 10am on Thursday, Jan. 14 at the Chamber offices (1401 Willamette St.). Mr. Lucchesi will explain how this agency's products can help your company enter new markets and increase sales in existing markets by:
- Extending credit terms to your foreign buyers and minimize nonpayment risks
- Obtaining working capital financing to fulfill sales orders
- Protecting your balance sheet from nonpayment risk
The program is free and you can register here, or by calling the Chamber at 484-1314.
If you wish to meet privately with Mr. Jim Lucchesi, please respond with your contact information ASAP to Dana Shannon at Business Oregon. You can reach Dana by e-mail dana.shannon@state.or.us or tel: 503-229-6053.
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