Export-Import Bank of the United States, also called Eximbank, is an independent agency of the United States government. The bank provides financial services that promote the export of U.S. goods and services and thus enable U.S. exporters to compete with foreign companies on the world market. In some cases, Eximbank lends money to buyers of U.S. exports. The bank also guarantees the repayment of loans made by commercial banks to finance export activities and offers insurance on the credit exporters extend to foreign purchasers.