Paraguay - Project FinancingParaguay - Project Financing
Both import and export financing are limited. Local banks provide revolving credit for up to 360 days, which may be renewable. High nominal and real interest rates (generating high spreads in both dollars and local currency) present a major obstacle to medium and long-term financing.
Local commercial banks provide exporters direct financing, pre-financing of exports backed by a letter of credit, and discounting of letters of credit upon shipment of the merchandise. Local insurance companies offer importers and exporters a full range of services covering trade activities.
The World Bank, the Inter-American Development Bank (IDB), and the Andean Development Bank (CAF) provide project financing for basic infrastructure projects, water systems, and roads. The U.S. Overseas Private Investment Corporation (OPIC) can provide services for transactions involving Paraguay.
The U.S. Export-Import Bank (EX-IM) could finance sales of U.S. exports to Paraguay until EX-IM’s authorization lapsed on July 1, 2015. All preexisting loans, guarantees, and insurance policies will continue in full force and effect. EX-IM will process and close all previously approved transactions, which will also continue in full force and effect according to their terms. The Bank will continue to manage all transactions in its portfolio until maturity, including issuing waivers and amendments (other than those that increase the Bank’s exposure). Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Local commercial banks provide exporters direct financing, pre-financing of exports backed by a letter of credit, and discounting of letters of credit upon shipment of the merchandise. Local insurance companies offer importers and exporters a full range of services covering trade activities.
The World Bank, the Inter-American Development Bank (IDB), and the Andean Development Bank (CAF) provide project financing for basic infrastructure projects, water systems, and roads. The U.S. Overseas Private Investment Corporation (OPIC) can provide services for transactions involving Paraguay.
The U.S. Export-Import Bank (EX-IM) could finance sales of U.S. exports to Paraguay until EX-IM’s authorization lapsed on July 1, 2015. All preexisting loans, guarantees, and insurance policies will continue in full force and effect. EX-IM will process and close all previously approved transactions, which will also continue in full force and effect according to their terms. The Bank will continue to manage all transactions in its portfolio until maturity, including issuing waivers and amendments (other than those that increase the Bank’s exposure). Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.