News

The appointment of Dario Avello as a business development officer at the Export-Import Bank of the United States (Ex-Im Bank) Southeast Regional Office in Miami, Fla. will directly benefit small business exporters seeking access to Ex-Im Bank export finance solutions.

Avello's assignment is to serve exporters in the states of Alabama and South Carolina and help them understand and apply for Ex-Im Bank's financing products, including working capital guarantees, export credit insurance, and loan guarantees for foreign buyers of U.S. goods.

Small businesses in this region will find it much easier to take advantage of what Ex-Im Bank has to offer now that I can deal with them personally on a full-time basis, Avello said.

A businessman/banker with over 30 years of experience in credit, trade finance and sales development, Avello for the last 10 years has successfully managed leasing companies in Eastern Europe, Central America and the Caribbean. Before that he worked with major U.S. capital equipment manufacturers, including as regional finance sales manager for Latin America and the Caribbean for International Harvester Co. and director of trade finance for Sears World Trade Inc. In those positions and in prior assignments he worked extensively with Ex-Im Bank.

Avello is a graduate of the University of Wisconsin-Milwaukee and is fluent in Spanish, Portuguese, Romanian, French, Italian, and is familiar with Japanese.

Exporters, bankers and brokers wishing to contact Avello may call (305) 526-7436, ext. 19.

Ex-Im Bank this year marks its 72nd year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance, and direct loans. In fiscal year 2005 Ex-Im Bank authorized nearly $14 billion in transactions supporting almost $17.9 billion in U.S. exports.More than $2.6 billion of the authorizations, or 2,617 transactions, directly supported U.S. small businesses as primary exporters.