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Export-Import Bank: Changes Would Improve the Reliability of Reporting on Small Business Financing
The Export-Import Bank (Ex-Im) provides loans, loan guarantees, and insurance to support U.S. exports. Its level of support for small business has been a long-standing issue of congressional interest. Most recently in 2002, Congress increased the proportion of financing Ex-Im must make available for small business to 20 percent. GAO...
Tags: Government Accountability Office, small business, General Accounting Office, financing, insurance
White papers 2006-03-03

Additional Resources

TAM Receives Financial Guarantee Approval from Ex-Im Bank to Finance Four Boeing 777s
Agreement covers aircraft scheduled for deliveries during this year SAO PAULO, Brazil, July 15 /PRNewswire-FirstCall/ -- TAM (Bovespa: TAMM4 and NYSE: TAM) received the approval from the Export-Import Bank of the United States (Ex-Im Bank) of a financial guarantee to support the financing of four Boeing 777-300ER...
Articles 2008-07-15
EMTA Holdings, Inc. Holds Informative Live Conference Call With Shareholders and Investors
EMTA Holdings, Inc., (OTCBB: EMHD), maker ofXenTxTM, SynergynTM and other engine treatment and fuel efficiencyproducts, held a live, open conference call last Friday, June 20, withshareholders, investors and other interested parties to discuss theCompany's current and future business opportunities, its financialposition, and to answer all participant questions that were presented....
Articles 2008-06-24
U.S. Ex-Im Bank Approves Comprehensive Guarantee for UPS Capital Loan of $3.88 million to fund establishment of GI Leisure Amusement Park Project in Accra, Ghana
MIAMI -- The Export Import Bank of the United States (U.S. Ex-Im Bank) has approved Comprehensive Guarantee to cover U.S. Loan of $3.88 million to fund the establishment of the GI Leisure Amusement Park Project in Accra, Ghana, estimated to cost $6,495,554 in Phase - 1 of Project Implementation. UPS...
Articles 2008-06-12
Financing exports just got easier
The Colorado Springs Office of International Affairs and the U.S. Export Import Bank are joining forces to increase the volume of exports from the United States. The local office will be responsible for marketing and promoting the bank's products and programs -- something director George Boutin is...
Articles 2008-05-16
US Bank wins court ruling
WORLDWIDE A New York City federal court has granted the US Export-Import Bank (Ex-Im Bank) summary judgment in a case against Asia Pulp & Paper Company APP. The bank won the ruling in a civil suit to recover more than $104 million in defaulted loans from...
Articles 2008-03-01
Admitted scammer sentenced to 33 months in prison
San Mateo resident David Villongco, 51, was sentenced Friday by a U.S. District Court judge to 33 months in prison in connection with a $20 million scheme to defraud the Export-Import Bank of the United States. Villongco was ordered to pay a restitution fee of more...
Articles 2008-03-01
San Mateo man gets prison sentence, $14 mil fine, for fraud
San Mateo resident David Villongco, 51, was sentenced Friday by a U.S. District Court judge to 33 months in prison in connection with a $20-million scheme to defraud the Export-Import Bank of the United States. Villongco was ordered to pay a restitution fee of more than...
Articles 2008-02-29
California Man Sentenced to 33 Months In Prison In Connection With $20 Million Scheme to Defraud the Export-Import Bank of the United States
To: NATIONAL EDITORS Contact: U.S. Department of Justice, Office of Public Affairs, +1-202-514-2007 WASHINGTON, Feb. 29 /PRNewswire-USNewswire/ -- David Villongco,51, of San Mateo, Calif., was sentenced to 33 months in prison inconnection with a $20 million scheme to defraud the Export-ImportBank of the United States, Assistant Attorney General Alice...
Articles 2008-02-29
Omaha banker testifies in support of Ex-Im Bank
Paul Warfield, vice president and director of global banking for First National Bank Omaha, encouraged Congress to authorize enhancements in U.S. Export-Import Bank programs. Warfield testified before the House of Representatives' Committee on Small Business Jan. 17 in Washington, D.C. Warfield was representing the Independent Community Bankers of America. ...
Articles 2008-02-15
EX-IM BANK Advances Know-Your-Customer Initiative, Adopts Guidelines To Enhance Transparency, Combat Fraud And Corruption.
M2 PRESSWIRE-14 January 2008-EX-IM BANK: EX-IM BANK Advances Know-Your-Customer Initiative, Adopts Guidelines To Enhance Transparency, Combat Fraud And CorruptionC1994-2008 M2 COMMUNICATIONS LTD RDATE:11012008 Washington, D.C. -- The board of directors of the Export-Import Bank of the United States...
Articles 2008-01-14
Copa finances Boeing 737-800.(THE REGION)
Copa Airlines, based in Panama City, Panama, on Dec. 5 said it has secured a commitment by the Private Export Funding Corp. PEFCO to finance the purchase of two Boeing 737-800 aircraft for which preliminary commitments for long-term Export-Import Bank of the United States (Ex-Im Bank)...
Articles 2008-01-01
World Bank, IDB and Ex-Im Bank Loans to Hunt Oil's Peruvian Fossil Fuel Project Would Breach Bank's Own Guidelines, Amazon Watch Warns
To: NATIONAL EDITORS Contact: Simeon Tegel, +1-510-962-0195, Atossa Soltani, 202-256-9795, or, in Peru, Luis Eduardo Cisneros: +51-9-371-4481, all ofAmazon Watch Press briefing at 9.30am, Wednesday, December 13 at offices ofAmazon Watch, 1350 Connecticut Avenue NW, Washington DC WASHINGTON, Dec. 11 /PRNewswire-USNewswire/ --The World Bank,Inter-American Development Bank IDB and U.S....
Articles 2007-12-11
/C O R R E C T I O N -- Amazon Watch/
To: NATIONAL EDITORS Contact: Simeon Tegel, +1-510-962-0195, Atossa Soltani, +1-202-256-9795, or, in Peru, Luis Eduardo Cisneros: +51-9-371-4481, all ofAmazon Watch In the news release, World Bank, IDB and Ex-Im Bank Loans to HuntOil's Peruvian Fossil Fuel Project Would Breach Bank's OwnGuidelines, Amazon Watch Warns, issued 11-Dec-2007 by Amazon Watchover...
Articles 2007-12-11
Financing for Boeing 737-800 aircraft arranged by Copa Airlines
AIRLINE INDUSTRY INFORMATION-C1997-2007 M2 COMMUNICATIONS LTD A financing commitment by the Private Export Funding Corporation PEFCO to finance the purchase of two Boeing 737-800 aircraft has been announced by Copa Airlines, a subsidiary of Copa Holdings. The airline said that preliminary commitments for comprehensive, long-term Export-Import...
Articles 2007-12-06
CAFTA-DR Competitiveness Forum: Tools of Trade & Finance
To: STATE EDITORS Contact: Tony Ceballos of U.S. Department of Commerce, +1-215-597-7141 PHILADELPHIA, Nov. 26 /PRNewswire-USNewswire/ -- U.S. Departmentof Commerce and M&T Bank will provide expertise and resources onpursuing export opportunities at the CAFTA-DR Competitiveness Forumin Chester County, PA. Exports to the CAFTA-DR region fromPennsylvania totaled $448 million in...
Articles 2007-11-26
Ex-Im Bank to Hold Training in Seattle Nov. 19, 2007, for Lenders Seeking to Enhance Trade Finance Services to Exporting Companies
To: STATE EDITORS Contact: Marianna Ohe of Ex-Im Bank, +1-202-565-3206 WASHINGTON, Oct. 19 /PRNewswire/ -- The Export Finance AssistanceCenter of Washington EFACWand the Trade Development Alliance ofGreater Seattle TDAin cooperation with the Export-Import Bank ofthe United States (Ex-Im Bank) will sponsor a training seminar forlenders Monday, Nov. 19, in...
Articles 2007-10-19
Growing China Commercial Presence in Africa, and U.S. Absence, Presents New Challenges
To: NATIONAL EDITORS Contact: Marianna Ohe of Ex-Im Bank, +1-202-565-3200 WASHINGTON, Oct. 17 /PRNewswire/ -- Chinas growing commercialpresence in Africa, and low participation by U.S. companies in theregion, present critical challenges to U.S. commercial interests,panelists at a meeting of the Sub-Saharan Africa Advisory CommitteeSAAC of the Export-Import Bank...
Articles 2007-10-17
Pennsylvania Workers in Erie, Grove City, Benefit From Sale of Environmentally Friendly Locomotives to Mexico
To: TRANSPORTATION EDITORS Contact: Marianna Ohe of Export-Import Bank of the United States,+1-202-565-3200 WASHINGTON, Oct. 16 /PRNewswire-USNewswire/ -- The jobs ofhundreds of workers at General Electric GE-Transportationfacilities in Erie and Grove City, Pa., are being supported by thecompany's sale of 40 GE Evolution Series EVO 44AC diesel electriclocomotives to...
Articles 2007-10-16
Eight Charged In $80 Million Conspiracy to Commit Fraud Against the Export- Import Bank of the United States
To: FOREIGN EDITORS Contact: Phil Cogan of Export-Import Bank of the United States, +1-202-565-3200; or Bryan Sierra or Jaclyn Lesch, both of the JusticeDepartment, +1-202-514-2007 WASHINGTON, Oct. 11 /PRNewswire-USNewswire/ -- The JusticeDepartment announced today that eight individuals have been chargedin connection with an $80 million conspiracy to commit fraud...
Articles 2007-10-11
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