1 / 9

SBA

Bill Houck, Regional Manager (DC,VA,WV,MD,DE) Export Solutions Group Office of International Trade william.houck@sba.gov +1 202-557-4063 Export Loan Guarantee Programs. US Export Assistance Center (USEAC). SBA. USCS & State EDO - Market analysis Match making Buyer due diligence SBA

finola
Download Presentation

SBA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bill Houck, Regional Manager(DC,VA,WV,MD,DE)Export Solutions GroupOffice of International Tradewilliam.houck@sba.gov+1 202-557-4063Export Loan Guarantee Programs

  2. US Export Assistance Center (USEAC) SBA • USCS & State EDO • - Market analysis • Match making • Buyer due diligence • SBA • Export activity working capital • Transaction working capital • Fixed asset and real estate term loans • Ex-Im Bank • Export working capital • Credit insurance Ex-Im Bank US Commercial Service (USCS)

  3. US Export Assistance Centerwww.trade.gov and www.export.gov Start: US Commercial Service and state economic development assists in originating export sales To Finish: SBA and Ex-Im assist in financing export sales, turning an order into a completed export sale

  4. SBA Export Business Planner Developing an Export Business Plan • www.sba.gov/exportbusinessplanner • A downloadable tool to save and customize • How to determine your export readiness • Training and counseling information • Worksheets for global market research • Financing information and options • Customizable Export Business Plan and Marketing Plan templates • Helpful resources for exporters • Glossary of Export Terms • And more!

  5. Funding Entire Export Business The Export Express program is perfect for companies needing working capital to jump start their export sales. • 90% guarantee for amounts up to $350,000 (for up to 7 years) • Lender uses its own loan approval process and documents • Loan proceeds can be used for any export promotion related activity, including but not limited to; • export related activities; export development expenses, such as brochure translation or participation in a trade show • transaction-specific financing of export deals, including standby letters of credit • general lines of credit for export purposes • term loans for permanent working capital, machinery and equipment, or real estate • Finance purchase orders, inventory and account receivables

  6. SBA Export Financing Programs Export Express • 90% guarantee for amounts up to $350,000 (for up to 7 years) • 75% guarantee for amounts between $350,000 and $500,000 (for up to 7 years) • Lender uses its own loan approval process and documents • For financing of inventory, accounts receivable and export development activities Export Working Capital Program (EWCP) • 90% guarantee for amounts up to $5,000,000 • Use of funds similar to Export Express International Trade Loan Program • 90% guarantee for amounts up to $5,000,000 • For working capital term loans for financing and refinancing of fixed assets used for exporting (loan tenures up to 10 years for plant & equipment and 25 years for real estate)

  7. Small Business Export Credit Insurance To qualify: SBA defined small business with $7.5 mm or less in average export credit sales for 3 years, 95% commercial and political risk • Small Business Express Policy (20 or less foreign buyers) -select buyer coverage up to $300,000 per buyer b. Small Business multi-buyer policy No deductible, premiums from $0.49to $1.35 per 100 invoice value depending on terms of sale (1 to 180 days open account

  8. Technical Information for the bank • AR advance rate is 80% (90% for L/Cs or insured AR) • Inventory advance rate is 75% • Indirect export transactions are eligible • Advances against purchase orders allowed • No minimum underwriting ratios • Military products are eligible • Refinancing is allowed • ABL and similar monitoring fees allowed under EWCP • Robust secondary market (premiums can exceed 10%)

  9. Bill Houck, Regional Manager(DC ,VA, WV, MD, DE)Export Solutions GroupOffice of International Tradewilliam.houck@sba.gov+1 202-557-4063

More Related