Short-term Loan Insurance This program is also known as short-term, accounts receivable insurance.  Its benefits to exporters are:  Reduce political and commerical risk; Extend credit terms to your international buyers The risks covered under these guarantees are: The risks not covered are: Commercial risks Insolvency Bankruptcy Protracted default Political Risks War, revolution, insurrection Cancellation of import and export licenses Currency transfer risk Disputes (until they are resolved) Cancellation of sales contracts Currency devaluation   Eligible Products and Services Eligible Payment Terms Products must have at least 51% US content and must be shipped from the US; Services must be performed by US-based personnel Up to 180 days for most products; and Up to 360 days for bulk agriculture and capital goods Prequalification of Buyer(s)  The exporter must get his buyer qualified by presenting credit reports, trade references and /financials. The extent of the information required depends on the transaction size.  Types of Policies  Single Buyer Policy Covers one buyer per policy Amount covered depends on the transaction Multi-Buyer Policy Covers multiple buyers Amount covered depends on the transaction