Export credit insurance enables U.S. exporters to both finance their export activities and mitigate the risk of non-payment. It is a financial tool used by both small and large exporters to control political and commercial risks when selling in overseas markets on open account terms. It can be utilized on either a short or medium term basis. It can cover multiple sales in many countries, or perhaps a single sale in one country. In some situations, credit insurance can also be used in conjunction your bank to help support the financing of your foreign sales. Credit insurance can be accessed through a specialized broker network that exists in this country. Or, by talking directly to underwriters who specialize in this type of coverage.
EXIM Bank is a government supported export credit insurance provider
Major private sector export credit insurers are: