FedEx and the Export-Import Bank have partnered to provide small- and medium-sized U.S. exporters wider access to banking services.
When a customer now talks to a FedEx representative, the shipper will be given information about how the Ex-Im Bank can help protect their goods in the international marketplace. If desired, the customer will be connected with a representative from the bank.
“The first steps for a business as it expands to international markets can be daunting,” Michael Ducker, FedEx Express’ president, said in a statement. “We are helping clear the hurdles for small- and medium-size businesses to access the 95 percent of the world’s population outside of U.S. borders.
“With this alliance,” he continued, “FedEx sales and marketing will now have additional valuable resources they can share with our customers to help them grow their business through exports."