In addition to the U.S. banking system, the major export-financing institutions in the United States are the U.S. Export-Import Bank (ExIm), the Foreign Credit Insurance Association (FCIA), and the Private Export Funding Corporation (PEFCO). These organizations were the focus of attention in Chapters 4, 5, and 6. Several other financing facilities assist U.S. exporters. Among them are those agencies of the U.S. government: the Department of Agriculture, the Small Business Administration, and other, lesser institutions. Various national, state, and city trade associations and other financial and nonfinancial organizations also furnish assistance in some way for U.S. exporters. These public and private sources of export trade assistance will be discussed in this chapter.
In addition to these United States-based agencies and organizations, other institutions around the world facilitate some aspect of international trade. Among these tools are world trade centers, international factoring firms, foreign banks and financial institutions, insurance firms, and e-commerce companies. A representative sample of these will also be discussed in this chapter.
The chapter, however, will begin with a discussion of multilateral trade assistance which may be valuable to exporters, especially those that sell into developing countries. This assistance is performed by the Trade Point Global Network, a service of the United Nations Conference on Trade and Development (UNCTAD). The chapter will conclude with