Cedarapids Inc. (a division of Terex Corp.)
Cedar Rapids, Iowa

Products: Large road-building equipment

Challenge: Addressing foreign banking and other regulations, and lack of credit in developing markets

Solution: Ex-Im Bank’s loan guarantees enable the company to obtain buyer financing and mitigate the risks of exporting to private companies in foreign markets.

Result: With Ex-Im Bank’s financing, the company has been able to sell millions of dollars of its equipment in developing markets such as Mexico and Brazil.