Private Export Funding Corporation - PEFCO

Private Export Funding Corporation - PEFCO
A single corporation created by the U.S. Treasury and the Export-Import Bank of the U.S. that facilitates funding of exports that have not been subsidized. The PEFCO does this with the purchase of loans in the secondary market from commercial lenders. The loans are then used to finance U.S. exports.

The PEFCO was created to help American-made goods find their way into other countries. PEFCO loans are guaranteed by the Export-Import Bank of the United States. Some of the shareholders in PEFCO include large commercial banks that participate in financing U.S. exports, as well as industrial export companies.

Investment dictionary. . 2012.

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Look at other dictionaries:

  • Private Export Funding Corporation — ( PEFCO) company that mobilizes private capital for financing the export of big ticket items by US firms by purchasing at fixed interest rates the medium to long term debt obligations of importers of US products. Bloomberg Financial Dictionary …   Financial and business terms

  • PEFCO — Private Export Funding Corporation (Business » International Business) …   Abbreviations dictionary

  • PEFCO — See: Private Export Funding Corporation …   Financial and business terms

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