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New York Company Adds Jobs Despite Economic Downturn With Financing from Ex-Im Bank
Mon, 2012-04-30 11:15

Exporter: Dreyfus Global Trade, LLC – New York City, New York
Destination: Mexico and Germany
Jobs Created: 2

Dreyfus Global Trade, LLC, located in New York City, an export management company, has been selling American manufactured tools and equipment for the automotive and industrial markets since 1991.

The company’s owner, Steven Dreyfus, was first introduced to Ex-Im Bank’s products by his broker, Carey Fiertz with Export Risk Management, Inc. Dreyfus Global is now utilizing an Ex-Im Bank export credit insurance policy which has enabled it to extend more lines of credit to international buyers in order to grow its business. While many companies have been forced to downsize during these difficult economic times, Dreyfus Global has actually added jobs over the last three years due to increased foreign sales.
“I don't know how you could not use Ex-Im Bank credit insurance," says Steven Dreyfus, Owner and Managing Director of Dreyfus Global. "With Ex-Im, I know I am able to mitigate my international credit risk, both by individual customers and by country. As an entrepreneur, where I invested my own money in the business, I can sleep at night knowing I am safeguarded.”