Tips on Cross-Border Transaction Due Diligence

One of the principal sources of public financing to assist US businesses looking to finance new or expansion projects in foreign markets is the Export-Import Bank of the United States, commonly referred to as the "Ex-Im Bank."  In this report I discuss some of the guidelines the Bank uses in evaluating proposed financing transactions including recommended "best practices" for conducting due diligence on a particular transaction and on foreign parties who will be under an obligation to perform--which means paying the agreed price on the terms provided in the contract!   These tips can be valued for any type of cross-border transaction.