EXIM

Qualifying A Foreign Buyer

Documents required by EXIM underwriting for consideration of Export Credit Insurance Approval

  • For up to $100,000, you need:
    1. The foreign buyer has been in the same general line of business for at least three years
    2. A favorable credit report or A favorable trade reference (preferably from a U.S. supplier) or The applicant's favorable ledger experience or Buyer's signed financial statements from the two most recent fiscal years.

 

  • For $100,001 to $500,000 you need:
    1. The foreign buyer has been in the same general line of business for at least three years
    2. A favorable credit report
    3. A favorable trade reference (preferably from a U.S. supplier) or The applicant's favorable ledger experience or Buyer's signed financial statements from the two most recent fiscal years

 

  • For $500,001 to $1,000,000 you need:
    1. The foreign buyer has been in the same general line of business for at least three years
    2. A favorable credit report
    3. A favorable trade reference (preferably from a U.S. supplier) or The applicant's favorable ledger experience.
    4. Audited or signed financial statements with notes for last two  fiscal years

 Contact info@cocoatown.com for more information

Meridian Finance group