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How Success Happens

International expansion can be “Darn Tough” without EXIM

Mar 18, 2021
37:12

For many companies both big and small, international expansion is an incredibly daunting task. The thought of carrying a large open balance from a custom half-way around the world and unsure if their international clients will even pay their invoices, causes much heartburn and lack of sleep for U.S. exporters.

That’s where the Export-Import Bank of the United States (EXIM) comes in! EXIM offers export credit insurance on those receivables, which provides peace of mind knowing they will be covered against non-payment. Not only does EXIM provide an insurance policy for companies, but also incredible knowledge on international expansion. In this episode we sit down with the local Vermont startup, Darn Tough, as they detail their incredible experience with EXIM helping them expand into international markets.

Visit us at exim.gov/entrepreneur to speak with an export business specialist today.

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