Export management
As the export management company, it keeps the U.S. producer, the foreign buyer, the commercial terms, and the documents on one path. It does not manufacture and it does not hold inventory.
- Home
- Services
Services
Export management services
The Little Venice Institute LLC, U.S. Export Management Company
The Little Venice Institute LLC is a U.S. export management company. It does not manufacture and it does not hold inventory. The services below are financial structuring and supply chain facilitation: connecting U.S. agricultural producers with mid-to-large importers, distributors, and processors in Latin America, with a primary focus on Venezuela. The company is applying for GSM-102 exporter qualification. The application is pending. The company does not offer courses or training.
GSM-102 structuring
The buyer’s bank, which must be on the CCC-approved foreign bank list, issues an irrevocable letter of credit. The U.S. exporter applies for a GSM-102 guarantee provided by the Commodity Credit Corporation. The guarantee covers most of the principal owed to the U.S. lender against the foreign bank’s default. This can enable credit terms of up to 18 months. CCC decides whether a bank is on the approved list and whether a guarantee is issued.
Supplier sourcing
For a buyer’s stated need, the company looks to U.S. producers of wheat, corn, rice, vegetable oils, frozen poultry, dairy, and other bulk agricultural products. The commodity, quantity, and specification are those written into the contract for that shipment.
Supply chain facilitation
Supply chain facilitation coordinates movement from the U.S. producer toward export, including from U.S. Gulf and Florida ports, and the timing of that movement with the documents. Carriers and handlers remain responsible for the services they perform. The company does not hold the inventory.
Documentation
The company assembles and reconciles the commercial documents the contract and the letter of credit name, including the invoice, the packing list, and the transport documents. It does not issue government certificates.
Qualification and commercial inquiries
USDA FAS analysts, foreign buyers, banks, and U.S. suppliers may write to the company using the contact page.