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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

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.

WASHINGTON - Today, the U.S. Small Business Administration announced, after reviewing more than 800 applications, the 50 winners of the first Growth Accelerator Fund competition. The recipients represent 31 states, the District of Columbia and Puerto Rico. The accelerators come from a broad set of industries and sectors - from manufacturing to tech start-ups to farming as well as a focus on a diversified range of demographic groups.

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