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| Pre-export working capital |
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While Meridian does not offer purchase-order financing or pre-shipment lines of credit for U.S. exporters, we do have considerable experience with Ex-Im Bank, SBA, and other federal, state, and private-sector pre-export loan and guarantee programs, and we’re pleased to refer exporters to local banks and asset-based lenders who do extend these kinds of export finance. Ex-Im Bank and SBA guarantees, as well as other kinds of pre-export purchase order financing, are available when a foreign buyer will be paying (a) via a letter of credit or (b) on open-account credit terms IF the exporter or the lender has an export credit insurance policy to protect against non-payment risks once the order has shipped. In some cases export credit insurance can even provide protection for exporters and lenders prior to shipment, for example covering against contract frustration due to the bankruptcy or insolvency of a buyer, government actions or political events in the buyer’s country, project finance issues, and/or other risks. |
| Custom financing structures |
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Meridian is sometimes approached with export credit, international leasing, or project finance deals featuring structures we have neither seen before nor even could have imagined, yet we’ve gone on to arrange trade credit or project finance for them. Call or e-mail us with the highlights of your prospective export deal, international lease, or project finance transaction. We’ll respond quickly with a proposal or suggestions of how to restructure the deal to make trade credit or project finance more feasible. If Meridian can’t do the job we may know who can, in which case we’ll be pleased to refer you to other export credit, international leasing, or project finance resources. |