Enable Java Script

Either your browser does not support JavaScript, or you have JavaScript disabled.
You must have a JavaScript-enabled browser to use this site.

Microsoft Internet Explorer

To turn on JavaScript in Internet Explorer, follow these steps:

  1. On the Tools menu, click Internet Options, and then click the Security tab.
  2. Click the Web content zone that you are using (for example, click Local Intranet),
    and then click Custom Level button.
  3. Locate Active scripting under Scripting settings. Click to select the Enable radio button.
  4. Click OK button on Security Settings and Internet Options windows to save your changes.

To download Internet Explorer 7, click here.

Firefox

To turn on JavaScript in Firefox, follow these steps:

  1. On the Tools menu, click Options.., and then click the Content tab.
  2. Click to select the Enable JavaScript check box.
  3. Click OK button to save the setting.

To download Firefox 2, click here.

Safari

To turn on JavaScript in Safari, follow these steps:

  1. Open Safari
  2. On the Safari menu, click on Preferences.
  3. Click the Security icon.
  4. Click on Enable JavaScript next to the Web Content section if it is not checked
  5. Close the Preferences window
  6. Close and restart Safari.

Opera 9.xx series

To turn on JavaScript in Opera 9.xx series, follow these steps:

  1. Open Opera.
  2. On the Tools menu, click Preferences.
  3. Click Content in the Preferences list.
  4. Check the box next to Enable JavaScript.
  5. Click the JavaScript Options button to open the JavaScript Options box.
  6. Check the boxes that you want to allow.
  7. Click OK.
  8. Click OK.

Google Chrome(v0.4.154.23)

To turn on JavaScript in Google Chrome(v0.4.154.23), follow these steps:

  1. First close any open Chrome windows.
  2. Right click on a blank area of your Desktop.
  3. Select New.
  4. Create a new Shortcut with the following in the "Type the location of the item:" text box:
    • For Windows Vista:
      %userprofile%\Local\Google\Chrome\Application\chrome.exe -enable-javascript
    • For Windows XP:
      "%userprofile%\Local Settings\Application Data\Google\chrome.exe" -enable-javascript
      Note: You'll have to enclose the file path for Windows XP in quotes due to there being spaces in it.

 

 

 

 

Businesswoman wearing suit and holding pen to chin.

Export Credit Insurance

​Help protect your foreign receivables while continuing to provide attractive open credit terms to your international customers.​​​​

_

 

 

​​​What is Export Credit Insurance?

In the world of international trade, exporters are often asked to offer extended credit terms​ to foreign buyers – commonly 30 to 60 days after shipment. Export Credit Insurance can help protect your business from international buyers’ poor credit history or any instability of the importing country.

​Benefits of Export Credit Coverage

Export ​Credit Insurance allows you to:

  • Gain a competitive edge over your competition by providing attractive open credit terms to international buyers
  • Mitigate risk of non-payment
  • Access working capital by including foreign accounts receivable in a borrowing base
  • Increase customer/country sales activities

Expanded Sales

By using Export ​Credit Insurance, you can comfortably offer extended payment terms to buyers. This serves as an alternative to requiring cash in advance or letters of credit. Securing Export Credit Insurance helps you stay competitive with other companies willing to extend credit terms. In many cases, the insurance policy will also allow you to sell to customers and countries that are normally beyond your risk threshold, helping to grow your sales.

​Risk Protection

Your accounts receivable are an asset, and like all other assets, it is prudent t​​o have them insured. M&T Bank can help you arrange protectio​n from the risks associated with exporting to foreign countries with political and commercial instability.

​Access to Working Capital

Insured​ foreign accounts receivable make excellent collateral. M&T Bank helps exporters by lending against these assets, giving you access to the working capital your company needs.

​Understanding Your Options

An experienced M&T Bank professional can recommend Export Credit Insurance options offered by the Export-Import Bank of the United States and private insurance companies to best address your specific needs.

​Policy Flexibility

Polici​es exist for small and large exporters doing business with just one or many foreign buyers. M&T’s professionals will be happy to work with you to find the best policy for your needs.

​Customer Spotlight

See how M&T Bank helped an animal feed company in central Pennsylvania to avoid potential loss of business due to its inability to offer credit terms to international customers.

​The Situation

The company’s foreign buyer did not have the working capital to pay for its purchases up front. This made it necessary for the buyer to find an exporter willing to extend credit terms. The feed company needed to reduce the risk of non-payment from the buyer and protect against adverse political conditions in that country.

​The M&T Approach

M&T’s pro​fessionals helped find the most comprehensive and cost-effective export credit insurance policy for the company. The newly insured receivable became collateral for a new line of credit.

​The Results

After working with​​ M&T’s International Trade Finance Group, the company was able to:

  • Offer extended credit terms to its buyer, making the feed company competitive and enabling its buyer to purchase larger amounts of feed
  • Remove the non-payment risks associated with the buyer and the buyer’s country
  • Gain immediate access to its money, thanks to M&T Bank lending against the foreign account receivable

 

DIS-327*-DIS