Major U.S. companies profit from Ex-Imp Bank help

By Laurie Bennett

July 10, 2014 at 9:53am

The future of the U.S. Export-Import Bank is again up for debate, as many conservatives attack it as a corporate slush fund.

The federal credit agency provides financial aid to foreign customers buying American-made products and services.

Although the U.S. Chamber of Commerce argues that the bank lends crucial help to small businesses, some of the largest American companies do billions of dollars worth of deals using Ex-Imp Bank assistance.

Standard & Poor’s recently released a study saying Boeing would have to take on as much as $9 billion in customer financing if the bank is not reauthorized.

Other American firms that would feel the impact if the bank were to go away include General Electric, United Technologies and Caterpillar.

The interactive map above shows major U.S. companies that have benefited from the bank’s financing.

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The relationship map to the left is interactive.
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