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Barbara Weltman

Big Ideas for Small Business, Inc.

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Status of the EXIM Bank

July 18, 2015 / By Hudson Fusion

The Export-Import Bank, which is designed to help exporters (many of which are small businesses) lost its lending ability when Congress let its funding lapse (it was not extended under the Trade Act passed in June). However, EXIM will continue to service outstanding loans. EXIM hopes to be reauthorized later this year.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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