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In addition, City National has expanded its international business, setting up a working capital guarantee program to help export clients access capital while trying to fill overseas orders and offering medium- and long-term loans to U. EX-IM will back up as much as 90% of a trade bank loan through its working capital guarantee program. Its working capital guarantee program gives lenders a guarantee on loans made to support pre-export expenses, such as production for inventory earmarked for a specific overseas market. |
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