Export Financing
FAS provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products. By reducing financial risk to lenders, these credit guarantees encourage exports to buyers in countries — mainly developing countries — that have sufficient financial strength to have foreign exchange available for scheduled payments.
FAS export financing programs cover not only sales of U.S. commodities and value-added products, but also infrastructure improvements in importing countries that can help facilitate imports of U.S. agricultural goods.
Programs
Guarantees repayment when U.S. banks extend credit to foreign banks to finance sales of U.S. agricultural products.
Provides credit guarantees for infrastructure improvements in countries where demand for U.S. agricultural products may be limited by lack of adequate facilities.
News and Features
As part of the Trump Administration’s efforts to expand American agricultural exports, Luke J. Lindberg, Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture, announced that USDA is expanding financing options under the Export Credit Guarantee Program, known as GSM-102.
On April 23, 2025 the U.S. Department of Agriculture announced increased availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2025.
On October 7, 2024, the U.S. Department of Agriculture announced availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2025.