Exporters For Ex-Im: Texas Small Business Expanding To New Markets Thanks To Ex-Im
In Fact, Ex-Im Is Mandated To Allocate 20 Percent Of Its Funding To Small Businesses, Says NAM. “And it’s not just the Bank’s role; a congressional mandate requires Ex-Im to direct 20 percent of its funds to small businesses. In 2012, the Bank authorized $6.1 billion, nearly 17% of total transactions, directly in support of small businesses. If Congress fails to re-authorize the Ex-Im Bank before its current charter expires in September, small and medium-sized manufacturers like Polyguard would be forced to settle for less than what they’re capable of achieving and the American economy will suffer.”
(Lauren Airey, “Exporters For Ex-Im: Texas Small Business Expanding To New Markets Thanks To Ex-Im,” National Association of Manufacturers, 4/24/14)