Russ: This is the PKF Texas: Entrepreneur’s Playbook. I’m Russ Capper, this week’s guest host. Today’s topic is export financing, and I’m here once again with Cynthia Flake, Senior Vice-President in Comerica Bank’s Houston Middle Market group. Cynthia, welcome back to the Playbook.
Cynthia: Great to be back Russ.
Russ: You bet. So with all of this export business happening right now, what are some of the programs exporters are using to finance their foreign sales?
Cynthia: Well, sure. As you may know, currently there’s a lot of discussion in the press about the renewal of the U.S. Export-Import Bank’s charter coming up. Companies using the EX-IM Bank program should be visiting with their banker and monitoring those developments.
Russ: Okay. So it sounds like a very important time, and, I guess, how can a company navigate through the alternatives?
Cynthia: You know, the EX-IM Bank programs have been some of the most popular and easily accessible programs, particularly here in the Houston and, in general, the Texas market for companies. But it’s really important to know that there’s not just one set of solutions, and the right bank can help navigate a company through all the options to develop just the right solution.
Russ: Okay. Well, I imagine you’re helping a lot of our viewers our right now, so thank you so much for sharing that.
Cynthia: My pleasure.
Russ: You bet. And this has been another Thought Leader Production brought to you by PKF Texas: Entrepreneur’s Playbook. Tune in next week for another chapter.