Project: Chemical Exports

Many regional companies can suddenly see their business grow and evolve to levels that require additional funding. This is the case with a Kenyan company, which imports, markets and distributes chemicals on behalf of a number of global companies. The companys business model in the industrial chemicals segment has evolved to where they need to sell directly to their end-customers in Kenya, Mozambique, Tanzania and Uganda. To cover these buyers in East Africa, the company obtained a $5 million trade finance facility from a regional bank. ATI supported the deal by supplying $2.1 million worth of Credit Risk Insurance.

Maximum Sum Insured: $2.1 million