Exim Backs $97.2M Working Capital Loan for Embraer
The Exim-guaranteed loan, for Embraer's business jet facility in Melbourne, Florida, will support $211.4 million in export sales.
Embraer has received a $97.2 million working capital loan gurantee from the Export-Import Bank of the United States for Embraer Executive Aircraft’s manufacturing facility in Melbourne, Florida, that will support $211.4 million in export sales. (Photo: Chad Trautvetter/AIN)
Embraer has received a $97.2 million working capital loan gurantee from the Export-Import Bank of the United States for Embraer Executive Aircraft’s manufacturing facility in Melbourne, Florida, that will support $211.4 million in export sales. (Photo: Chad Trautvetter/AIN)

The Export-Import Bank of the United States (Exim) approved a $97.2 million working capital guarantee for Embraer's business jet manufacturing facility in Melbourne, Florida, that will support $211.4 million in export sales. Yesterday's approval involves a 90 percent guarantee of a one-year, revolving working capital loan from Apple Bank for Savings.


Loading…