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CNH America – supplier finance
02 March 2011
Innovation from Citi and US Ex-Im
Citi has a long history of working with CNH America, the US subsidiary of CNH Global, the world’s second largest producer of agricultural and construction equipment. In 2010 the bank saw an opportunity to break new ground with a new product in conjunction with the Export-Import Bank of the United States (US Ex-Im).
US Ex-Im had plans to move into the supply chain finance space to support small businesses under President Obama’s National Export Initiative. Citi and US Ex-Im have previously worked together on innovative projects both from a distribution perspective and on a strategic basis – Citi was one of the first banks to work with US Ex-Im...
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