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  • Expanding Your Business Through Exporting

    Game Plan

    In-Depth

    Financing Your Exports

    You might need some financial help in raising the working capital and other financing to get your exporting program running.

    The good news is that there are many resources that can help you finance these needs.

    Depending upon your business history and financial track record, you may be able to get a traditional loan or line of credit through a commercial bank, especially a larger bank that has an international finance division familiar with the specific needs of exporters.

    But you may not qualify for traditional financing. If that’s the case, you can consider loan programs offered by the U.S. Export-Import Bank and other opportunities through the U.S. Small Business Administration (SBA).

    SBA loans are provided by traditional banks. But because the SBA guarantees a large portion of these loans, banks are usually much more willing to fund your loan—often at attractive rates and terms.

    And in some cases, various states offer financing to help promote exporting for businesses located in those states.

    Game PlanGame Plan

    Game Plan

    • If your bank has an international banking department, contact them to see if you qualify for a traditional loan or line of credit.
    • Find out if the Export-Import Bank of the United States can help finance your exports. Review this list of the Bank’s Regional Export Finance Centers for more information.
    • See if your state government offers financing to help you export your goods and services.
    • Learn more about specific SBA programs to help exporters borrow up to $5 million. These include the International Trade Loan Program and the Export Working Capital Program.
    • If you need a quick loan decision and plan to borrow $500,000 or less, the SBA offers an Export Express Loan Program, which can speed up the application and approval process.