International Export
The international export division handles the exportation of products or services to other countries. For a real estate development company like B.A.F.E Group, LLC, this involves exporting expertise, technology, and products related to eco-friendly affordable homes.
Why Export from B.A.F.E GROUP, LLC?
Credit Insurance for International Export Partners
Through our partnership with Export-Import Bank of the USA, we can mitigate the risk of taking on new international partners by offering Export Credit Insurance on shipments up to $100,000.
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Follow the steps below to see how much your company qualifies for in Export Credit Insurance.
The Application Process
Add a general description of the items listed below. You can introduce the list and include any relevant information you want to share. Double click to edit the text.
Step #1
Click here to verify your country qualifies for Credit Insurance
Step #4
Consult with a B.A.F.E representative to compile your order. Requires a 50% downpayment
Step #2
Complete a Trade Reference Sheet and KYC Verification
Step #5
Upon receipt and acceptance at destination port. Payment timeline begins.
Step #3
Return completed Trade Reference Sheet to edward@bafe.group
Step #6
Payoff your order and return to Step #4.
Financing the Foreign Buyer
There are times, for example - wherein the foreign buyer’s in-country borrowing rate is so exorbitant, and as an alternative, the foreign buyer may be interested in borrowing money from the USA, under EXIM Bank’s support with favorable borrowing rate which may be much lower than the foreign buyer’s in-country loan rate. The objective of the foreign buyer is to be able to afford buying products and services from USA. The foreign buyer is not obligated to borrow money, in case the foreign buyer is self-sustaining, has cash to use; or for any other reason that the foreign buyer is not interested in borrowing money.
The Process (Private Buyers)
Under foreign buyer’s financing, the products must at least have 85% US content. For small to medium size deals less than $10Million, foreign buyer’s financing is generally done through Specialized Lenders wherein Ex-Im Bank would provide a GUARANTEE to that “Specialized Lender”. If something goes wrong with the borrower (the foreign buyer), then Ex-Im Bank would come in to salvage the Specialized Lender, as long as the Specialized Lender has complied with all of EXIM Bank’s requirements.
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The loan relationship will exclusively be between the Foreign Buyer and EXIM Bank’s Specialized Lender. The exporter is out of the picture in the lending relationship. For the Private Sector, please note that our Specialized Lenders would typically require 3 years of revenue producing, audited financial statements.
Letter to be sent to:
Rita Murrell | Deputy Vice President
Global Infrastructure Division
Sovereign | Financial Institutions
Export-Import Bank of the United States
811 Vermont Ave. NW | Washington, DC 20571
Tel 202.565.3712 | Mobile 202.344.7076
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Letter ahs no particular format per se
Government Buyers
If the foreign buyer borrower is the Government, please note that we do not deal with the “county” level. We only deal with the Federal Government level. We need a letter from the Ministry of Finance from that country. EXIM will require an indication of host government support, for the application from an appropriate government authority, the Ministry of Finance (MoF). Letter to indicate that they are aware and provide sovereign support on the project, and that they have set aside in their budget, an amount to repay back the loan.
Categories We Export
Below are the categories of products which are exported by B.A.F.E Group, LLC
