Obama airs new export financing plan at Boeing plant

Feb 21, 2012 | 02:26 PM | Catherine Ngai

Tags  President Obama, U.S. exports, export financing plan, small business exporters, loans, Boeing Co., trade enforcement, Tamara Browne Catherine Ngai

NEW YORK — President Obama announced plans for a new trade financing policy last week during a visit to Boeing Co.’s manufacturing facilities in Everett, Wash.

The proposed plan, which is keyed to help support the administration’s drive to increase U.S. exports, would offer new credit for small business exporters, including loans for 6 to 12 months in amounts up to $500,000. ....

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