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Detailed text transcripts for TV channel - MSNBC - 20111203:10:56:00

A lot of people don t have to cash to pay up front. this is incentive for them. sure. in a case like that, usually it s for capital goods. we sold solar technology to india. in that case, we provide the buyer with financing. they can pay for that over 18 years so they can am torize the cost. when you say we, you mean your import/export thank you. the export/import bank. for an independent government agency, we do it at no cost to the taxpayer. we collect a fee for our work from our customers, the foreign buyer or u.s. exporter. that pays all of our costs. we will guarantee the receivable or in this case, the loan. you also suggest you secure capital loan. some people are going to listen to that and laugh. everyone is having trouble getting loans. ....

Capital Goods , The Cost , Import Bank , United States , Government Agency , Capital Loan ,

Detailed text transcripts for TV channel - MSNBC - 20111127:12:55:00

You don t get paid, you know what to do, how to collect, you know what the laws are. it s not difficult to collect. itis not a risk to the business. when you have a company and selling to india, saudi arabia, brazil or columbia, they don t pay, what do you do? what do you do from the start, fred, so you make sure it doesn t happen? one, most importantly, know your customer. you should know your customer and a knowledge of what their business is and their reliability. two, we can help you step in by providing insurance. we insure the receivable. if there s a company we work with in miami. they sell surgical supplies. where do they sell them to? egypt, libya, iraq what we do is ensure that receivable. got it. you offer foreign buyers financing. a lot of people done have the ....

The Business , Saudi Arabia , Doesn T , They Dont Pay ,

Detailed text transcripts for TV channel - MSNBC - 20110910:09:56:00

Providing insurance. we ll enslur that receivable. if there s a company we work with in miami. they sell surgical supplies. where do they sell them to? libya, egypt, iraq, sri lanka. we ensure that receivable. got it. you suggest that you offer foreign buyers financing that s because a lot of people don t have the cash to pay up front and this is an incentive for them? right. in a case like that usually it s for capital goods. they sold some solar technology to india. in that case we provided the buyer for financing and they can pay for that over 18 years to amortize the cost. when you say we, you mean the import, export. yes. thank you. we re an independent government agency. we do this at no cost to the taxpayer. we collect a fee for our work ....

Sri Lanka , Capital Goods , Government Agency ,

Detailed text transcripts for TV channel - MSNBC - 20110910:09:57:00

From our customers, the foreign buyer or the u.s. exporter that pays all of our costs. we will guarantee the receivable or in this case guarantee the loan. you also suggest that you secure working capital loan from your bank without tying up your collateral. some people are going to laugh because everyone s having trouble getting loans. what we provide, the export import bank we will look at your receivables, look at your inventory, we can work with your local bank and we ll provide that bank with a 90% guarantee that they ll making the working capital loan. the bank has very little risk and therefore to induce them to make that loan. and competing against foreign companies you might not be cheaper but maybe you ll have better call than something they find in their own country. what the united states excels at is we make some of the most innovative products, i would say on many products lower lifetime ....

Export Import Bank , Working Capital ,

Detailed text transcripts for TV channel - MSNBC - 20110904:11:55:00

Recently, people making something and want to start selling their stuff overseas. one of the things you say you have to pay attention to is reduce your risk of not being paid. that makes perfect sense, but how do you do that? well, you know, when you re a company and located in chicago, you are selling product to new york or arizona, if there s some reason you don t get paid, you know what to do, you know how to collect, you know what the laws are, it s not difficult to collect on sales so it s not a risk to the business. difficulty is when you have a company and selling products to india or saudi arabia or brazil or colombia and they don t pay what do you do? you can t afford to hire lawyers. where what do you do from the start so you make sure that doesn t happen? what we do, one, most importantly, know your customer. you should know your customer, have some knowledge of what their businesses and their reliability. two, we help you step in by providing insurance. we ll insure t ....

New York , Saudi Arabia , Doesn T ,