About this event
Long Term Financing for Exporters
The U.S. Small Business Administration (SBA) prioritizes assistance for those small businesses that are starting to export, already exporting or in the export supply chain. These small businesses may need additional funding to acquire equipment, retool, new facilities, refinance debt on unreasonable terms or acquired another business to achieve their export sales potential. International expansion can provide small business with substantial growth opportunities, but it can also present additional risk factors for their lenders. The SBA has designed programs for these development opportunities and at the same time minimize lender risk by providing a 90% guarantee.
Please join us to learn how your bank can participate in these programs. The International Trade Loan and Export Express programs that provide lenders the opportunity to assist direct and indirect exporters with long term financing. This training will cover the following topics:
• Program benefits
• Eligibility criteria
• Credit standards
• Application process
• Servicing requirements
June 22, 11:00 AM – 12:00 PM PDT
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