The Export-Import Bank of the United States (EXIM) is seeking comments on a proposed information collection to help reduce paperwork and respondent burden. This collection, known as the EIB 10-06 Application for Approved Finance Provider, is part of an ongoing effort to streamline the process under the Paperwork Reduction Act of 1995. People can submit their comments electronically, via email, or by mail by June 9, 2025. The collected information will help EXIM assess whether financial institutions are eligible to become Approved Finance Providers, allowing them to participate in EXIM's insurance, guarantee, and loan programs.
Simple Explanation
The Export-Import Bank wants people to share their thoughts on a new form that banks need to fill out if they want to help with loans and money guarantees. This is to make things simpler and use less paper.