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Management Advisory: EXIM’s Working Capital Guarantee Program Master Guarantee Agreement

Report Information

Date Issued
Report Number
OIG-O-24-02
Report Type
Other
Joint Report
No
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0

Recommendations

EXIM’s Office of Small Business, Business Credit Division, should amend the language in Section 4.07 of EXIM’s Working Capital Guarantee Program Master Guarantee Agreement to specifically reference EXIM OIG as having authority to access EXIM lender...

EXIM’s Office of Small Business, Business Credit Division, should include mandatory reporting language in the Working Capital Guarantee Program Master Guarantee Agreement that requires EXIM lenders to notify EXIM OIG, along with EXIM, of known or...