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UPS Capital Expands Trade Protection And Financial Offerings Within Brazil
Press Release

 
São Paulo, May 7, 2012 - UPS Capital™, the financial services arm of UPS (NYSE: UPS), today announced improvements to its South American presence through an expansion of service offerings and personnel and the establishment of an insurance broker business here in São Paulo, Brazil.

With a combination of in-country representatives and employees, UPS Capital will be able to offer cargo insurance through its insurance broker affiliate, UPS Capital Corretora de Seguros (Brasil) Limitada*, and continue to offer import financing for Brazilian companies through its UPS Capital Business Credit™ affiliate.

This unique combination of services is designed to improve trade.  By accelerating the flow of funds and aligning it with UPS's worldwide logistics capabilities that include freight, distribution and small package shipments, UPS Capital can develop integrated solutions not offered by other transportation providers.  Financing and transporting goods through one worldwide provider, UPS, can help protect both buyers and sellers from the complexities and risks associated with global trade.   

"This increased commitment in Brazil is part of UPS Capital's Latin America strategy, which includes UPS Capital Business Credit's representative offices in Argentina, Chile, Colombia, Peru and Mexico," said Jim Fortsch, managing director for the Americas Region for UPS Capital.  "We have enjoyed strong growth in Brazil over the last several years and adding new trade mitigation solutions is a natural extension of this business."

"This expansion of UPS Capital in Brazil comes at a very favorable moment in which Brazilian companies have the opportunity to strengthen their presence in global trade but require a reliable partner to realize this growth," added Nadir Moreno, country manager for UPS Brazil.  "The financing and insurance services offered through various UPS Capital subsidiaries bring together UPS's reputable brand and portfolio and further strengthens the breadth of services we offer in the country."

UPS Capital companies have offices throughout the U.S. as well as operations in several other countries. Products include: global trade finance; loans backed by the Export Credit Agencies of the United States, Germany, and Italy; trade protection services, and payment-acceleration services. For more information, visit upscapital.com.

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight, the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

UPS Capital Corretora de Seguros ( Brasil) Ltda. reserves the right to change or cancel the program at any time. Limited information is contained herein. The program is governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy, in accordance with SUSEP's regulations and operational guidelines.  This article does not in any way alter, supplement, or amend the terms, conditions, limitations or exclusions of the applicable insurance policy and is intended only as a brief summary of the program.  Please consult the available policy for the exact terms and conditions.  No warranty, guarantee, or representation, either express or implied, is made as to the correctness or sufficiency of any information contained herein.  Insurance coverage may not be available in all jurisdictions.  Insurance is underwritten by a national insurance company.

Products are offered through UPS Capital Business Credit, a subsidiary of UPS Capital Corporation. UPS Capital Corporation is neither an agent for, nor associate of, UPS Capital Business Credit for the purposes of originating, processing, underwriting or servicing government guaranteed loans (e.g., SBA or Ex-Im guaranteed loans).Products may not be available in all areas and may be modified based on requirements. Check with your UPS Capital Business Credit representative for local availability.  Credit availability is subject to approval.
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