The Overseas Private Investment Corp.'s board of directors has approved a $200 million financing guarantee that will support Wells Fargo's lending to U.S. small and midsize firms that have set up shop abroad.

Funds will be delivered through the Wells Fargo U.S. Bankers Guaranteed Lending Facility, which is designed to assist small- and medium-sized enterprises that do business in more than 150 countries where OPIC is authorized to operate.

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