Export-Import Bank of the United States

Van Andel Global Trade Center (VAGTC), a City-State Partner of the Export-Import Bank of the United States (Ex-Im Bank) since 2005, connects Michigan exporters with access to information and assistance on the export finance programs of Ex-Im Bank.

Ex-Im Bank has been in operation for over seventy years, as an independent U.S. government agency that helps finance the sale of U.S. exports, primarily to emerging markets throughout the world by providing loans, guarantees, and insurance.

As an Ex-Im Bank City/State Partner, VAGTC is here to help local businesses learn about and apply for a range of Ex-Im Bank financing products. Among its other services, the Center also offers global trade education and training, market analysis and assistance in developing export strategies.

Michigan EXPORTERS supported by EXIM:

  • 238 Total Exporters Shipping $11 Billion in Total Value
  • 177 Small Business
  • 11 Minority Owned
  • 11 Women Owned
  • 3 Renewable Energy
  • 8 Environmentally Beneficial
  • $4B - Total Insured Shipments, Guaranteed Credit or Disbursed Loan Amount

Watch this quick video on services available to small and medium-sized exporters. 

For more information on the programs of the Ex-Im Bank, visit their website at www.exim.gov, or contact VAGTC at 616.331.6811 or vagtc@gvsu.edu.

Press: Michigan opens an EX-IM office in Detroit January 2013

U.S. Export - Import Bank Releases 2015 Annual Report

A few highlights from the 2015 EXIM Annual Report:

  • EXIM support 109,000 American jobs.
  • EXIM supported $17 billion in exports at no cost to American taxpayers.
  • EXIM supported more than $3.1 billion of exports from U.S. small businesses.
  • Nearly 90% of transactions directly supported U.S. small businesses.
  • EXIM Bank had a default rate of 0.235 % as of Sept. 30, 2015
  • Remitted $431.6 million to the U.S. Treasury for debt reduction.

To review full 2015 EXIM annual report click here.  http://www.exim.gov/sites/default/files/reports/annual/EXIM-2015-AR.pdf