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Importers receive more US loan aid

25 July 2012 6:44am
The Export-Import Bank of the United States continues to lift its level of direct lending to specialist US manufacturing concerns seeking access to low cost finance to support contracts to supply Australian-linked buyers.

The Ex-Im Bank disclosed yesterday that over the first six-and-a-half months of 2012 it approved more than US$3.1 billion in financing for US exports to Australia.

The latest financing – previously foreshadowed by the recipient – is being provided to Jabiru Satellite Ltd, a Melbourne-based firm that will provide communications services to customers in the...

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