Marine Travelift, Inc.

"In an effort to expand our international business, we sought help through Ex-Im Bank.

We were constantly being asked to provide open account credit terms, but we were not anxious to take on the payment risks. They introduced us to TAG, who stepped in to provide insurance and financing programs, allowing us to focus our efforts on sales.

From our point of view as an exporter, TAG delivers:

  • initial advice on available financing options
  • timely indicative quotes on the costs and terms
  • immediate accurate assessment of the viability for financing transactions
  • assumption of the responsibilities for arranging the financing

TAG's assumption of the financing challenge has helped us to win new business. They have brokered short- and medium-term insurance policies covering the commercial and political risks of non-payment, and provided financing to our foreign buyers with little or no risk to us. We have purchased credit agency reports through TAG that have helped us to secure insurance coverage on our buyers. We have also relied on their counsel regarding terms of trade and structuring of letters of credit.

We value the relationship that we have developed with TAG and we appreciate their responsiveness and professional approach. With their support we will continue to grow our international business."

Stephen Chayer, European Sales Director
Marine Travelift, Inc.