We found that the technology in the office of the Export-Import Bank was very obsolete. They recognized that fact but they have not spent enough money to improve it. If we make that situation better, small business is going to have better access to the Bank. Currently small businesses do not have the capacity to work the Ex-Im Bank process as easily as some of the larger firms. So we think by mandating improvement in this area, setting aside a separate budget category for updating the technology in the office, the Ex-Im Bank will be more accessible to small business. That, too, I think is an advance.
Doug Bereuter: “We found that the technology in the office of the Export-Import Bank was very obsolete. They recognized that fact but…”
Editor's note · Context
Discussing the need for technological improvements at the Export-Import Bank to aid small businesses.
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