The Hitchhiker's Guide to Dayton Tech & Startups

The Hitchhiker's Guide to Dayton Tech & Startups

Trade Finance Opportunities for Exporters: A Look at SBA and EXIM Export Loan Programs

  • Wright State University 3640 Colonel Glenn Highway Dayton, OH, 45431 United States

This program is for anyone contemplating or involved in international trade. Trade finance programs enhances any company's cash flow management by providing programs to help seize global opportunities. You can add these financing tools to your financial resources. Be the hero by increasing export sales and keeping the profits coming in by utilizing smart payment methods.

This program will review the SBA export loan program.  The knowledge you gain can be used to create a financial plan for short, medium and long-term export growth.  By strategically managing your business's assets, your export sales will grow, you will minimize credit risks, and maximize profits.

You will learn more about:
 
SBA Trade Finance Programs
 
>  Export Express Loan Program offers financing up to $500,000. It is the simplest export loan product offered by the SBA and allows participating lenders to use their own forms and procedures. The SBA determines eligibility and provides a loan approval in 36 hours or less.
 
Export Working Capital Program loan provides advances for up to $5 million to fund export transactions from purchase order to collections. This loan has a low guaranty fee and quick processing time.
 
> International Trade Loan Program
offers loans up to $5 million for fixed assets and working capital for businesses that plan to start or continue exporting.
EXIM Programs
 
EXIM offers loan packages, such as loan guarantee, direct loans, finance lease guarantee, foreign buyer financing, export credit insurance, and more.
The Export Credit Insurance provides US businesses with solutions to protect against foreign buyer nonpayment in turn support the export of more American made goods and services.  
 
> Working Capital Guarantee can help exporters lacking access to finance by working with your bank to help secure financing for export sales.  Your bank receives a loan "guarantee" from EXIM, guaranteeing repayment for a percentage of the bank's loan if your borrower defaults. This loan can be used to pay for labor, materials, and other inputs required to fulfill sales.
 
> Foreign Buyer Financing can be offered   to your buyers which can provide you a competitive edge. US exporters of capital equipment and services face a special set of challenges when attempting to win global sales.  Foreign buyers who require extended term financing may face prohibitively expensive borrowing rates in their home country, blocking them from buying US products.  This loan guarantees support US exporting in securing competitive
financing for their creditworthy buyers.
 
By attending this program you can learn more about each program, find out eligibility terms, use of funds, and application process to utilize these loans and programs.  Start benefiting today!