PEFCO's short-term facilities provide lenders with a dependable secondary market buyer of loans financing working capital and export receivables. PEFCO offers two short-term facilities:
Working Capital Facility:
for working capital loans guaranteed under an Ex-Im Bank Working Capital Guarantee
Small Business Initiative:
Short-Term Working Capital Facility
The PEFCO Short-Term Working Capital Facility is a secondary market buyer of loans financing short-term working capital loans and letters of credit that are guaranteed against nonpayment by the Export-Import Bank of the United States ("Ex-Im Bank").
PEFCO will purchase loans and stand-by letters of credit from any bank, finance company, or asset-based lender experienced in structuring and financing Ex-Im Bank loans. PEFCO does not finance exporters directly.
The PEFCO purchase document is a Master Short-Term Working Capital Loan Participation Agreement that governs all purchases.