PR 101 eNEWSLETTER - SUBSCRIBE TODAY!
With simple tips and actionable advice, you'll be able to quickly and easily enhance the visibility of your product, service and brand.
“As President of a Las Vegas based boutique public relations firm working with limited staff and resources, I have found PR Newswire to be an extremely valuable tool in branding and marketing my clients. Representing small businesses and not-for-profit organizations with restrictive budgets (especially in the current economic climate), PR Newswire’s distribution services allows for what I note as the 4Es: the most efficient, effective and economical means of Exposure. Exposure that spans the nation and beyond! In addition to the traditional media pick-up, there are hundreds of TOP internet news rooms which post PR Newswire releases “word-for-word.” The internet news room postings have a two-fold effect: increasing the opportunity for media, businesses and consumers from across the globe to read the release, as well as enhancing the internet Search Engine Optimization (SEO) of the client and its product/service.”
Mary B. Vail, OSG
The Philanthropic Publicist
http://maryvailpublicist.com
Export-Import Bank Announces Another Record-Setting Year
Bank's FY'12 Financing Exceeds $35.8 Billion, Supports 255,000 American Jobs
WASHINGTON, Oct. 19, 2012 /PRNewswire-USNewswire/ -- In preliminary Fiscal Year 2012 (FY'12) results released today, the Export-Import Bank of the United States (Ex-Im Bank) reported a fourth-straight record-breaking year, approving more than $35.8 billion in authorizations, which supported more than 255,000 American jobs in communities across the country. The Bank worked with more than 3,400 U.S. companies, 85 percent of which were small businesses. All told, Ex-Im financing has helped support hundreds of thousands of jobs over the last four years. FY'12 ended on September 30th.
(Logo: http://photos.prnewswire.com/prnh/20110414/MM83673LOGO)
"Our fourth-straight record breaking year is a testament to the hard work and ingenuity of American exporters and their workers," said Ex-Im Bank Chairman Fred P. Hochberg. "This year, Ex-Im helped support 255,000 quality jobs in communities across the country, all at no cost to the taxpayer. President Obama set an ambitious goal of doubling exports and thanks to the entrepreneurial spirit of exporters large and small and the dedication of Bank staff—we are on our way to meeting that goal. As we continue our economic recovery, Ex-Im remains open for business. We want to make sure that the 'Made in the USA' label is stronger than ever and that our nation's small businesses are able to compete on a level playing field."
Small business financing rose more than ninety percent from $3.2 billion in FY 2008 to $6.1 billion in FY'12. As part of its efforts to increase this portfolio, Ex-Im Bank's Global Access for Small Business initiative has held more than 40 forums across the country since launching the program in January 2011.
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services.
The Bank receives no net appropriation from the U.S. Congress and charges interest and fees to fund its transactions. This fiscal year, Ex-Im earned for U.S. taxpayers $803.7 million above the cost of all operations.
SOURCE Export-Import Bank of the United States
RELATED LINKS
http://www.exim.gov
