The U.S. Export-Import Bank on Tuesday opened a new office in Seattle to benefit the Pacific Northwest region’s small and midsized exporters.
This is the third opening of four new regional export finance centers this year by Ex-Im Bank in its effort to assist local businesses in improving their export sales. The center will provide enhanced access to the bank's products and services, and help local businesses obtain export financing to grow foreign sales.
"Ex-Im Bank authorizes more financing to Washington than to any other state in the nation," said Bank Chairman Fred P. Hochberg, in a statement. “Having a full-time presence in Seattle will help ensure that more Pacific Northwest businesses are able to increase their bottom-line by reaching more international markets."
"The Export-Import Bank supports more than 83,000 jobs at more than 100 businesses in Washington state," added Sen. Maria Cantwell. " This new office is a tool for Washington businesses to increase exports and sell Washington products around the world."
John Brislin will serve as the bank's Seattle regional director, and the new office will be located in the U.S. Export Finance Assistance Center in Seattle.
This year, Ex-Im Bank has opened regional centers in Minneapolis, Atlanta, and Seattle and is scheduled to open an office in Detroit this fall.