Ex-Im Bank Establishes Direct Access for Veteran-Owned Small Businesses Seeking Export Financing

WASHINGTON, Nov. 10, 2011 /PRNewswire via COMTEX/ — The Export-Import Bank of the United States (Ex-Im Bank), today affirmed its strong commitment to veteran’s outreach by announcing a direct line for business owners who are armed forces veterans. Former service members who are interested in exporting their products overseas may contact Gus Grace, the Bank’s director of Veterans Relations, at 202-565-3910. Ex-Im’s goal is to bring government agencies, industry leaders, and veteran entrepreneurs together to provide financing to veteran-owned businesses that export.

“This Veterans Day, there is no better way to honor our nation’s veterans than by ensuring they receive support when they complete their service,” said Ex-Im Bank Chairman Fred P. Hochberg. “Ex-Im Bank has expanded its veteran’s outreach program and we are committed to providing veteran entrepreneurs with the tools they need to succeed in today’s global economy.”

Disparities in capital access for veteran-owned firms are well-documented and Ex-Im Bank has a dedicated team to help tackle this problem. The Bank is working to reach more veteran-run small businesses and to support their export financing requirements. Under the leadership of Chairman Hochberg, the Bank has expanded its veteran’s database to include more than 200 veteran-owned businesses and organizations.

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