June 13, 2017 – The World Trade Center Arkansas has partnered with the Export-Import Bank of the United States (EXIM Bank) to participate in the Regional Export Promotion Program (REPP).
The EXIM Bank is the official export credit agency of the United States. It operates as an independent, self-sustaining Executive Branch agency that support American jobs and small businesses by facilitating the exports of U.S. goods and services.
As private sector lenders are unable or unwilling to provide financing, EXIM will offer credit within reasonable assurances of repayment as well as financial tools to American companies.
In addition to financial resources, the EXIM Bank also provides education and development programming for various industries.
“It will be a pleasure to work with the World Trade Center Arkansas to develop a strong program for exporters in the state of Arkansas,” said Aerek Stephens, program manager for REPP. “This will include hosting and participating in several export finance seminars throughout the year and referring qualified leads and conducting joint business calls with EXIM Bank regional staff.”
Responsibilities of REPP partners include the promotion of EXIM small business programs, providing a minimum of 3 EXIM bank presentations a year and referring small businesses to the EXIM Bank’s programs.
“We are constantly pursuing comprehensive strategies to fulfill our mission to serve Arkansas companies,” said Dan Hendrix, president and CEO of the World Trade Center Arkansas. “Our clients are mostly small businesses who need the type of support we can offer through this partnership with the EXIM Bank.”
For more information about the EXIM Bank, visit www.exim.gov.
The mission of the World Trade Center Arkansas is to grow trade and increase Arkansas exports by connecting Arkansas businesses to the world through international trade services. For more information and valuable updates, please follow the Center on Facebook and Twitter, or subscribe to the World Trade Center Arkansas newsletter.