smaller businesses export goods. Most of the larger companies can get all the financing they need, smaller ones not so much.

http://www.cbo.gov/sites/default/files/cbofiles/attachments/45383-FairValue.pdf

The primary beneficiaries are large companies which make large profits like Boeing and GE.

The Export/Import bank is an example of privatizing profits and socializing losses.

If you are concerned about small businesses, the bank's credit could be limited to businesses
under a certain size.

Don't worry though, I'm sure like most corporate welfare programs this one will be renewed.

Export Import Bank. Boehner has sided with the Dems on this one.

for the program is to make as much money as possible. 2. It assumes the government could and would compete at market rates

http://www.forbes.com/sites/beltway/2014/09/10/does-the-export-import-bank-make-or-lose-money/

Secondly, if the problem with the bank is that the rates are below market, the solution is to raise the interest rate not kill the program.

The only way we actually lose money with the ex-im bank is if we have an alternative program that would earn market rates (opportunity cost). If not, the "loss" means nothing. Not to mention, closing the bank will force legislators to take 1.4 Billion per year from another program. The profit is real, the fair value loss not so much.

and is fighting members of his own party.

if you and your little right wing cronies would let put tariffs on imported goods and the canceling of some of the trade deals that are gutting this country, you wouldn't be in this mess.

Boeing has its own finance department for lending money on jets being built, why do you think they want to keep the Export / Import bank system in place---come on think real hard between your drink and playing golf----read below--see if you can find the magic words

The Export-Import Bank of the United States is the official export credit agency of the United States federal government. It was established in 1934 by an executive order, and made an independent agency in the Executive branch by Congress in 1945, for the purposes of financing and insuring foreign purchases of United States goods for customers unable or unwilling to accept credit risk. The mission of the Bank is to create and sustain U.S. jobs by financing sales of U.S. exports to international buyers. The Bank is chartered as a government corporation by the Congress of the United States; it was last chartered for a three-year term in 2012 and extended in September 2014 through June 30th, 2015. Its Charter spells out the Bank's authorities and limitations. Among them is the principle that Ex-Im Bank does not compete with private sector lenders, but rather provides financing for transactions that would otherwise not take place because commercial lenders are either unable or unwilling to accept the political or commercial risks inherent in the deal.

allows American manufacturers to compete with Airbus, which gets comparable financing.

And the Export-Import Bank pays for itself.

has a financed department to help airlines it's called the Boeing Capital Corporation (BCC).
Boeing Capital Corporation is a global provider of financing solutions. A wholly-owned subsidiary of The Boeing Company, Boeing Capital offers asset-backed lending and leasing, concentrating on assets that are critical to the core operations of Boeing customers. Boeing Capital’s primary mission is to support the other Boeing business units by ensuring customers have the financing they need to buy and take delivery of their Boeing products.

dry up credit during a financial crisis, when credit is most needed to get economies moving again.

http://blog.seattlepi.com/aerospace/2009/11/17/boeing-ex-im-bank-officials-defend-loan-guarantees/

Responding to the idea that the “subsidy” could be having the federal government use its full faith and credit to arrange financing so Boeing could sell aircraft it wouldn’t have otherwise, Morin said that gets at whether the government should have an export-import bank or not.

Not having such a bank would be “unilateral disarmament” because other countries have similar banks to help fund purchases of their manufacturers’ products, he said.

And the bank proved its worth in the latest global financial crisis, when private lenders stopped financing large purchases, Morin said. “This is the time when, if there wasn’t an export credit agency, you’d want to create one, because we’re here to create jobs.”

The Export-Import Bank authorized $21 billion in loans, guarantees and export credit insurance during the fiscal year that ended Sept. 30 — up from $14.4 billion the previous year and the highest level since its establishment in 1934.

Cave echoed Morin’s point in his talk.

“The industry watched capital markets dry up,” he said. “This was game day for export banks … and right in the middle of that global game was Ex-Im Bank.”

to outsourcing and H-1B visas. Must be a close personal donor whose ox is in danger of being gored.

http://www.washingtonpost.com/business/going-after-export-import-bank-is-a-strange-way-to-attack-crony-capitalism/2014/09/05/4c6721a8-344f-11e4-9e92-0899b306bbea_story.html

Naturally, anything House Republicans are against these days, Democrats are for. So we have a Democratic Party — including such crusaders against corporate welfare as Sens. Sherrod Brown (Ohio) and Elizabeth Warren (Mass.) — coming together to defend a program that, by their reckoning, saves and protects American jobs.