Q: What financing does FINEX TRADE GROUP (FTG) arrange ?
Q: Who is EXIM Bank ?
Q: Who is being financed ?
Q: In addition to capital goods, can FTG also arrange financing for service contracts ?
Q: Can new and used equipment qualify for financing ?
Q: Can machinery or equipment previously imported into the buyers country be eligible for this type of financing ?
Q: What countries does FTG work with ?
Q: How long is the financing term ?
Q: What is the interest rate or cost of the financing ?
Q: Are fixed or floating interest rates available ?
Q: In what currency is the financing available ?
Q: In addition to Private sector companies, can financing also be arranged for Public sector entities ?
Q: How long does it take to arrange financing ?
Q: Are there minimum or maximum amounts that can be financed ?
Q: Can you package financing and assist the buyer in a transaction involving multiple suppliers ?
Q: Does FTG also work with and assist Exporters in arranging financing for their customers ?
Q: As a buyer, how can I find out if my company qualifies for this financing ?
Q: Is there a minimum USA content required on the origin of the goods ?
Q: Is computer software and the related service contracts eligible ?
Q: Will FTG attempt to arrange financing for non-trade related transactions?
Q: Can an Individual person qualify for this financing ?
Q: What is the best way to initiate a preliminary financing request with FTG ?

Q: What financing does FINEX TRADE GROUP (FTG) arrange ?
A: Financing for capital goods (machinery & equipment) and services exported from the USA to foreign buyers covered by EXIM Bank credit guarantee or insurance programs.

Q: Who is EXIM Bank ?
A: The EXPORT-IMPORT BANK of the UNITED STATES is the Export Credit Agency of the USA which provides coverage against buyer non-payment risk for financing arranged to promote US exports.

Q: Who is being financed ?
A: The foreign end-user of the imported USA content.

Q: In addition to capital goods, can FTG also arrange financing for service contracts ?
A: Yes. Basically if the contract signed between the parties calls for repayment of the contract to the USA and the US entity is providing the services in the foreign country, then it should qualify.

Q: Can new and used equipment qualify for financing ?
A: Yes. Both new and used equipment or machinery qualifies.

Q: Can machinery or equipment previously imported into the buyers country be eligible for this type of financing ?
A: Yes. Provided that the date of formal application is within the 8 months following the date in the bill of lading and said bill of lading is under the Borrower's name.

Q: What countries does FTG work with ?
A: Any emerging market country eligible for EXIM Bank coverage.

Q: How long is the financing term ?
A: Depending on the products or services financed - between 2 and 7 years.

Q: What is the interest rate or cost of the financing ?
A: This will vary largely based on “country risk” and the credit quality of the buyer being financed. Contact FTG for specifics.

Q: Are fixed or floating interest rates available ?
A: Yes. Both are usually available.

Q: In what currency is the financing available ?
A: US Dollars.

Q: In addition to Private sector companies, can financing also be arranged for Public sector entities ?
A: Yes. FTG also arranges financing for Public sector entities not on the EXIM Bank excluded list. Check with FTG for specifics.

Q: How long does it take to arrange financing ?
A: Size of transaction is a factor as well as the readiness of the buyer and the seller to provide the required information and documentation. But in general, it might take between 4 to 8 weeks.

Q: Are there minimum or maximum amounts that can be financed ?
A: We will arrange trade financing for transactions above $150,000 dollars. We have no maximum limit.

Q: Can you package financing and assist the buyer in a transaction involving multiple suppliers ?
A: Yes. FTG also operates as a “logistics consolidator” and “exporter-of- record”. Purchases and shipments from multiple suppliers can be combined and the entire value packaged into one financial transaction.

Q: Does FTG also work with and assist Exporters in arranging financing for their customers ?
A: Yes. FTG has extensive experience in working with exporters of all sizes in helping to increase their sales by arranging sales financing for their buyers.

Q: As a buyer, how can I find out if my company qualifies for this financing ?
A: Contact FTG for a quick assessment of your likelihood to qualify. Provided all requirements are satisfied we can usually arrange financing for up to 40% of the buyers tangible networth.

Q: Is there a minimum USA content required on the origin of the goods ?
A: Technically there is no minimum since the 50% rule was dropped. However, in practical terms FTG prefers to work on transactions where the USA content is at least $150,000.

Q: Is computer software and the related service contracts eligible ?
A: Yes. However the buyer should treat the transaction as a capital item for accounting purposes.

Q: Will FTG attempt to arrange financing for non-trade related transactions?
A: No, but as a professional courtesy we might refer the opportunity to one of our local or international “network partners”.

Q: Can an Individual person qualify for this financing ?
A: Yes.  The potential buyer can be a company or a proprietor business on an individual basis but in both cases there must exist properly written up financial statements as well as “clean” banking and commercial references. Contact to FTG for greater details.

Q: What is the best way to initiate a preliminary financing request with FTG ?
A: Email your initial financing request including your contact information to: admin@finextrade.com Please include the following information in your email: company name / person to contact / country-address-telephone-fax / type of goods being purchased from USA / dollar amount / term of financing desired.