Replies to post #59019 on TheGlobe.com Inc (TGLO)

[JAB65]

Having this standby letter of interest from the Ex/Im Bank is almost as good as having the full faith and backing of the United States government.
Instant legitimacy.

A standby Letter of Interest (LOI) from the EX/IM Bank is a very strong, credible signal, indicating that a potential export transaction fits EXIM's financing requirements. While non-binding, it demonstrates U.S. government commitment to support the deal and helps lenders, exporters, and foreign buyers move forward with financing.

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