2025-03101NoticeWallet

Ex-Im Bank Reviews Exporter Loan Certificate Form

Published Date: 2/26/2025

Notice

Summary

The Export-Import Bank is asking for feedback on a form U.S. exporters use to prove their exports qualify for loans, guarantees, or insurance. This helps make sure the bank supports only legit deals and keeps paperwork light. Comments are due by March 28, 2025, so exporters and lenders should weigh in soon!

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

EIB 11-05 required at loan disbursement

If you are a U.S. exporter using EXIM direct loans or loan guarantees, the Exporter's Certificate (form EIB 11-05) must be completed and submitted at the time of disbursement. The completed form is held by either the guaranteed lender or EXIM.

MT insurance forms retained by lenders

For medium-term (MT) insurance, financial institutions must obtain and hold the completed EIB 11-05 from U.S. exporters; those institutions submit the forms to EXIM only if a claim is filed.

Paperwork burden and reporting estimates

EXIM estimates this information collection will affect 1,500 respondents, with an estimated 30 minutes per response and a total annual burden of 750 hours. Comments on the collection are due by March 28, 2025.

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Key Dates

Published Date
2/26/2025

Department and Agencies

Department
Independent Agency
Agency
Export-Import Bank
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