Export Financing to Maximize Your Company's Potential
Your company needs to be able to compete in the international marketplace. Dependable sources of working capital are the key for your financial stability and expansion. Let City National's export financing expertise and resources ensure your company has the funds it needs to keep pace in our increasingly global economy.
Export Working Capital Line of Credit*
City National Bank's Export Working Capital Line of Credit is designed to provide U.S. exporters with the liquidity they need to produce U.S.-originated goods or services for export, accept new business and compete more effectively in the international marketplace.
Export Finance Benefits for Your Small Business
- Expand project bidding and sales of products and services into new markets worldwide.
- Win offshore contracts where providing financing is a condition of winning a contract.
- Expand core competencies and evolve into a more vertically integrated enterprise.
- Generate larger orders from buyers abroad with stable U.S.-dollar financing.
We Help Increase Your Export Capabilities
If your business has export potential, but you need the funds to buy or produce goods and services, City National is here to help you:
- Receive up to 75% advances to acquire export-related inventory
- Finance export-related work-in-process, raw materials and finished goods inventory
- Obtain up to 90% advances for export-related accounts receivable
- Use guaranteed financing on a revolving or transactional basis to:
- Purchase finished products for export
- Pay for raw materials, labor, and overhead to produce goods and services
- Obtain stand-by letters of credit
- Finance foreign receivables
Fast Access to Working Capital
Your Small Business must be able to respond rapidly to opportunity and demand in the global marketplace. With City National you can quickly obtain export working capital due to our local expertise and our Delegated Authority status under the Export-Import Bank of the United States (a.k.a. Ex-Im Bank) Working Capital Guarantee Program (WCGP).
- Your application for an export working capital loan facility is qualified in-house under our Delegated Authority status.
- We are authorized to commit to an Ex-Im Bank WCGP Loan Facility for exporters up to an amount of $7.5 million subject to our credit approval.