From the Document: "Ex-Im Bank, the official U.S. export credit agency (ECA), provides financing and insurance to facilitate U.S. goods and services exports to support U.S. jobs, per a renewable, general statutory charter (Export-Import Bank Act of 1945, as amended; 12 U.S.C. [United States Code] §§635 'et seq.'). It aims to support U.S. exports when the private sector is unwilling or unable to do so, and/or when those exports compete against ECA-backed foreign exports. It is demand-driven, fee-based, and backed by the U.S. government's full faith and credit."
CRS In Focus, IF10017
Congressional Research Service: https://crsreports.congress.gov/