Looking to grow your export business but scared of the risk? While you may be well acquainted with the concept of insurance and the importance of managing risk, accounts receivable are often the largest uninsured asset on your company's balance sheet. The Export-Import Bank of the United States' (EXIM Bank) Export Credit Insurance allows you to safeguard your foreign receivables, transferring the risk of nonpayment by overseas customers to EXIM Bank.
Download this case study to see how DemeTech Corporation -- a Florida-based manufacturer that produces and exports surgical sutures and blades -- turned to EXIM Bank for assistance to access business financing. After insuring its foreign accounts receivable using Export Credit Insurance, DemeTech was able to access working capital from its bank, which improved its cash flow and liquidity -- resulting in more customers and bigger deals.
Case study contributed by EXIM Bank
EXIM Bank Case Study: DemeTech