Ex-Im Bank Reauthorization Critical to Smaller Equipment Manufacturers

For the past 80 years, the Export-Import Bank, official export credit agency of the U.S., has helped U.S. businesses, especially small businesses, increase their exports. However, with reauthorization on the horizon for the lender come June 30, 2015, the future of the bank is in question. The Assn. of Equipment Manufacturers is pushing for reauthorization insisting it is critical for exports of farm machinery, particularly as domestic sales have slowed in the past year and…

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