EIB 95-10 Application for Long-Term Loan or Guarantee, Attachment

OMB No. 3048-0013
EXPIRES 1/31/2005

LONG-TERM LOAN OR GUARANTEE APPLICATION
ATTACHMENT E: USED EQUIPMENT
Equipment that has been previously owned or placed into service is generally eligible for support under Ex-Im
Bank’s loan, guarantee and insurance programs, provided certain criteria are met. To be eligible for Ex-Im Bank
support, used equipment, including equipment that has been refurbished in the U.S., must meet the following
eligibility criteria:
1. To be considered U.S. content, the used equipment must be of original U.S. manufacture, AND, if previously
exported, must have been in use in the U.S. for at least one year prior to export.
2. The U.S. costs associated with the refurbishment of the equipment are eligible for Ex-Im Bank support,
provided they meet Ex-Im Bank’s foreign content policy parameters. Ex-Im Bank can support the lesser of 85
percent of the U.S. Contract Price of the item or 100% of the actual U.S. content of the item provided that (a) the
item is shipped from the U.S. and (b) the foreign content of the item does not exceed 50 percent of the item’s
total production cost.
3. If the used equipment is of either original foreign manufacture or original U.S. manufacture, previously
exported and has not been in use in the U.S. for at least one year prior to its proposed export, then Ex-Im
Bank will treat it as foreign content and the following applies:
a. if the equipment is to be refurbished, the used equipment procurement cost is considered eligible foreign
content provided that this cost is less than 50 percent of the total procurement and refurbishment cost.
b. if the foreign content of the used equipment exceeds 50 percent of the cost associated with the
procurement and refurbishment of the equipment, then only the U.S. refurbishment portion will be
considered eligible for Ex-Im Bank support.
4. Previously exported goods that benefitted from Ex-Im Bank financing in the past will be considered eligible
for Ex-Im Bank support provided that the original financing has been paid in full and that the equipment has
been in use in the U.S. for at least one year.
5. The repayment term that Ex-Im Bank offers for used and refurbished equipment will be
consistent with Ex-Im Bank’s international agreements for repayment terms based on contract
value. Ex-Im Bank, at its sole discretion, will determine the remaining useful life of such equipment.
a. If the remaining useful life of the equipment is at least half the useful life of equivalent new
equipment, then Ex-Im Bank may support a repayment term equal to that offered new equipment.
b. If the remaining useful life of the equipment is less than half the useful life of equivalent new
equipment, then Ex-Im Bank may support a repayment term equal to the useful life remaining.
c. If the sale includes items some of which may have a useful life of at least half that of equivalent new
equipment and some of which may have a useful life of less than half that of equivalent new equipment, a
weighted average of the useful lives of all the items will be calculated to determine the payment term of
the entire sale.

OMB No. 3048-0013
EXPIRES 1/31/2005

LONG-TERM LOAN OR GUARANTEE APPLICATION
ATTACHMENT E: USED EQUIPMENT
Used Equipment Questionnaire
Applicant: ______________________________
Buyer:__________________________________
Policy number (for insurance program):_________________.
Complete a separate questionnaire for each item of used equipment.
1. Product information
Name and description of used equipment: ______________________________________________________
Equipment History
a) year manufactured:
b) hour meter reading: ________________________________
c) mileage: _______________________
d) where is equipment located: __________________________
e) how long has the equipment been there?: __________________
Is the product under warranty?
Yes
No
Term: __________________
Description: _______________________________________________
Has the equipment been rebuilt/reconditioned?
Yes
No
By whom? ________________________ Location: ____________________ Date: _____________
Does this equipment have an independent mechanical certification, evaluation, or assessment? Yes No
2. Export/Import History

Yes
Yes

No
No

Was the equipment imported to the U.S. ? Yes

No

Was the equipment previously exported?
Did Ex-Im Bank provide support?

If yes, details: ________________________

3. Prices and Costs
Contract price: $__________________
Foreign content included in the contract price: $________ ___
U.S. supplier’s purchase price: $____________________
Purchase Date: __________________________
Cost of rebuilding/reconditioning: $__________________
Cost of spare parts included: $______________
Description of rebuilding and/or spare parts:______________________________________________________
4. Used Aircraft Only.
Have all airworthiness directives been completed? Yes
No
If no, describe the regulation or directive permits required for continued operation of the aircraft:____________
__________________________________________________________________________________________
Number of cycle hours remaining on the airframe and engines: _______________________________________
Months remaining before next maintenance “C” and “D” checks: ______________________________________
Names of each previous owner and lessee with the corresponding acquisition dates: ______________________
Signature: _______________________________________
Date: ________________
Name: ______________________________
Title: __________________________________________

If you have any questions, please call Ex-Im Bank’s Engineering Division on 202.565.3570 or Business Development Group on 202.565.3946

EBD-M-25

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