yes, 80% of the xm bank's financing by dollar volume goes to larger enterprises like boeing or caterpillar or ge, but the financing for smaller exporters has nearly dwu lly do over the last three years. more than 85% of the transactions are done by the xm bank. and that's very important, because one of the reasons that this kind of work is not so attractive to private banks are the transaction costs involved in the smaller operations. this can make a huge difference. we had a 300% increase in the dollar value of exports by the small business in the '90s. we can do that again on a bigger base if we reauthorize the xm bank. and so i just want to emphasize, this is not just about big companies with well-known addresses. wichita and toledo have more than 15% of their annual gdp tied to exports. and there are a lot of other towns doing so as well. increasingly, state economic development programs are trying to get into this. north carolina has a particularly aggressive effort through its department of commerce to organize and involve their small businesses and exporting. but there's no mechanism thro

, 80% of the banks financing by dollar volume goes to larger enterprises like boeing or caterpillar or jeep. -- ge. but the financing for smaller exporters has nearly doubled over the last three years. more than 85% of the transactions are done by the ex- im bank. and that is very important. one of the reasons this kind of work is not attractive to private banks is because of the transaction costs involved in smaller operations. this can make a huge difference. we of the three under% increase in the dollar value of exports by small -- 300% increase in the dollar value of exports by small companies in the 1990's. we can do that again if we reauthorize the bank. so, i just want to emphasize, this is not just about big companies with well-known addresses. wichita and toledo have more than 15% of their annual gdp tied to exports. there are a lot of other towns doing so as well. increasingly, state economic development programs are trying to get into this. north carolina has a particularly aggressive effort through its department of commerce to organize and involve their small businessesbut therem thro

80% of the ex-im banks financing by dollar volume, goes to larger enterprises like boeing or caterpillar or ge, but the finances for smaller companies have doubled over the last three years. more than 85% of the transactions are done by ex-im bank. that is very important. one of the reasons that this kind of work is not by private banks, it has to do the transaction costs. involved in the smaller operations. this can make a huge difference. we had a 300% increase in the value of exports of smaller business in the 1990s. we can do that again on a bigger base. if we reauthorize the ex-im bank. i just want to emphasize that this is not just about big companies with well-known addresses. wichita and toledo have more than 50% of their annual gdp tied to exports. there are a lot of other towns doing so as well. increasingly, state economic development programs are trying to get into this. north carolina has a particularly aggressive effort to this department of commerce to organize and involve their small businesses in exporting. but there is no mechanism through which what they do can be readily sp