Financing Terms Ex-Im Bank lends or guarantees up to 85 percent of the U.S. export value, and the foreign buyer makes a 15 percent cash payment to the U.S. exporter. In addition, Ex-Im Bank will guarantee part of a loan the foreign buyer obtains from a private lender for local costs incurred in the importing country. Ex-Im Bank will guarantee a commercial loan for local costs equal to 15 percent of the U.S. costs of the contract. Repayment terms normally range between six months and five years. The foreign buyer must repay principal in equal semiannual installments, beginning six months after the completion date of the service contract.
Interest is payable semiannually.
If the proposed project goes forward, Ex-Im Bank will consider an application for financing the U.S. costs of the project. Interest Rates and Fees Interest rates and fees under the Engineering Multiplier Program conform to those under the Direct Loan or Guarantee Program, whichever is used. In the case of a loan, interest will be fixed, based on Ex-Im Bank's lending rate at the time of final authorization of the loan. Interest rates on loans guaranteed by Ex-Im Bank are negotiated between lender and borrower.