The charter of the EX IM Bank specifies that they can only offer loans that do not interfere with public markets. They make loans that other lenders cannot make, or do not want to make.
For example, Citibank may not have the means to offer loans for billions of dollars to a single client. Or they not want to be involved in weapons acquisition, as it would cause them to lose customers in other markets.
The government still needs companies to provide weapons acquisition, which is why the Ex Im Bank was created with bipartisan support. It isn't a liberal/conservative issue. Companies found that they were unable to get necessary financing, so the government stepped in to provide financing that the private sector was unwilling or unable to provide.
Last edited by Owain; 12/27/17 01:30 AM.