WBC and Türk Eximbank Sign Landmark MOU to Finance U.S.-Turkish Trade

Feb 18, 2015
WorldBusiness Capital, Inc.’s Eurasia Lending Team announced the signing of a Memorandum of Understanding (MOU) with Türk Eximbank regarding the development of an innovative Trade Financing Program designed to promote exports to, and investment in, the United States by Turkish businesses. Under the proposed program, WBC plans to offer term loans insured by Türk Eximbank for U.S.-based buyers of high-value-added products from Turkish suppliers and for U.S.-based projects involving Turkish investors and contractors. Türk Eximbank is the official export credit agency of the Turkish government and Turkey’s major export incentive instrument.
Print
Share by: