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Congress should authorize the Export-Import (Ex-Im) Bank to provide loan assistance to SMEs and to firms competing against subsidized foreign competitors.

Congress should authorize the Export-Import Bank to go beyond providing export credit financing by leveraging the resources of the Bank to help create domestic manufacturing jobs. In particular, Congress should allow the Bank to use $20 billion in unobligated authority to lend directly to domestic manufacturing companies that are in competition with subsidized foreign competitors (e.g., competitors who receive subsidies in the form of grants, subsidized loans, special tax treatment, beneficial land use, etc.). The loan recipients should be able to demonstrate how the funds would support expanded manufacturing activities and employment in the United States.