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In 2015, many companies in the U.S. and abroad are fighting for revenue in a sluggish global economy and
Ex-Im Bank's closing doesn't help matters. A strong dollar and weaker growth hamper export efforts. For example, U.S. exports of goods and services were down 3.5% from a year earlier in the first seven months of 2015. Exports fell 3.2% in August, according to the Commerce Department.
Many foreign companies say they can't secure financing from commercial banks without some kind of government-backed financing or guarantee, which most developed countries offer through their own Ex-Im banks.
And yet there are
alternative financing methods out there ...
Read more:
Ex-Im Bank's Closing Creates Gulf
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