OPIC Selects Global Export Finance, LLC as Originator in Enterprise Development Network
November 20, 2009
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC) has selected Global Export Finance, LLC, a financing and political risk insurance provider, to serve as an originator for a growing alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas.
The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – to provide financing to SMEs doing business in developing countries.
Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SME access to OPIC products and services. By empowering such service providers, the network is resulting in more efficient, cost-effective delivery of services to American businesses.
Global Export Finance, LLC is now an originator of guaranteed loans for OPIC and the Export-Import Bank of the United States (Ex-Im Bank). The firm specializes in financing and insuring projects and capital equipment/goods for U.S. suppliers and foreign buyers from over 155 countries. Visit Global Export Finance, LLC at www.gexfinance.com for more information.