Reauthorizing the Export-Import Bank

by Sen. Michael Bennett via The Denver Post

As globalization transforms our economy, many Colorado businesses, most of them small, are finding success by exporting their Made-in-America products abroad. One resource playing a key role in helping these companies ship American goods across the world is the Export-Import Bank. Since 2007, more than 100 businesses in our state, the majority of which are small or minority owned, have used the Ex-Im Bank to facilitate the export of $815 million in goods to global markets. Nationwide, the Ex-Im Bank supported $27.4 billion in U.S exports and supported 164,000 jobs. Additionally, 90 percent of its financing went to small businesses. Read More