EXIM Renews $97.2M Loan Facility for Embraer
EXIM said the two-year revolving working-capital loan guarantee facility will support Embraer business jet exports valued at $200 million and 700 jobs.

The Export-Import Bank of the United States (EXIM) has approved a $97.2 million, two-year revolving working-capital loan guarantee facility to support exports of Embraer's Phenom light jets assembled in Melbourne, Florida. EXIM estimated that the facility would back exports valued at $200 million and support up to 700 jobs at Embraer’s Melbourne facility and at its suppliers.