Export Import Business

SBA’s Role in Export Financing

Most banks in the U.S. do not provide working capital advances on export orders, export receivables or letters of credit. Because of that, some small businesses may lack necessary export working capital to support their export sales. That is where an SBA program can make the difference. SBA provides lenders with up to a 90% guaranty on export loans as a credit enhancement, so that the lenders will make the necessary export working capital available.

Fast and easy loans for small exporters

Small business exporters are taking advantage of the world market and selling billions of dollars of goods and services overseas every year. In fact, 70% of all exporters have fewer than 20 employees. If you are one of these businesses, or would like to join in this growing trend, and you think you are too small to receive government sponsored export financing, think again!

Approximately 70 percent of all U.S. exporters have 20 or fewer employees. SBA has placed a priority on helping these small business exporters by providing a number of loan programs specifically designed to help them develop or expand their export activities. If you own or wish to start a small export business, the following loans may be available to you:

Export Express Loan Program

Export Working Capital Program (EWCP)

Small businesses looking to increase sales and profit, reduce dependence on the domestic market and stabilize seasonal fluctuations should consider exporting. Consider these facts: 

  • Nearly 96 percent of consumers live outside the U.S.
  • Two-thirds of the world’s purchasing power is in foreign countries.

Here are six steps to help you begin exporting: 

Step 1: Register on Export.gov and take the Free Export Readiness Self-Assessment

WASHINGTON – The U. S. Small Business Administration is offering new, free tools for new and established small business exporters to help them grow and succeed in international trade. Small businesses will now have access to six-part podcast series, an introduction to exporting Youtube video and an online training course.

SBA is making these new tools available as part of the World Trade Week celebrations taking place May 17-21 nationwide to raise awareness of the increasing importance of international trade to the nation’s economy.

The most competitive companies in your portfolios are those that have proven themselves by succeeding in international markets!  But, they often need additional working capital to expand into new countries and fill orders.  Are you supporting them in their growth and profiting from their success?

May is World Trade Month. In a world with over seven billion people, your next customers--and your best prospects for future growth--could well come from outside the United States. Last year, U.S. exports hit a record high of $2.34 trillion. Already, nearly 300,000 small businesses have discovered the opportunities of selling into global markets, accounting for 35% of total U.S. export sales.

Many small businesses think they are too small to compete in the world market. In fact, 97 percent of all exporters are small businesses. The federal government has loans, insurance and grant programs to help you become an exporter or expand your exporting business.

SBA Export Loan Programs

The SBA's Wichita District Office will host another Emerging Leaders program for business executives starting in early April. The Emerging Leaders Initiative is an intensive seven month training course that specifically focuses on the professional development of executives of '2nd stage' businesses poised for growth in Kansas.


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