EXPORTER LOANS ARE OFFERED BY HUNDREDS OF LENDERS
EXPORTER LOANS ARE OFFERED BY HUNDREDS OF LENDERS
IF YOU NEED MONEY FOR AN EXPORTING BUSINESS, there are hundreds of lenders you can tap into—either for yourself or for a client. And these lenders make loans for many different uses, such as:
• Buying real estate or equipment used in the production of goods or services for export.
• Term loans and other financing to develop foreign markets.
• Lines of credit you can tap into for financing exports.
• Constructing, renovating, or modernizing production facilities or equipment to be used in the United States for items to export.
• Standby Letters of Credit to guarantee performance or advance payments involved in exporting.
• Plus a number of other export-related financing activities.
“WHY IS SUCH FUNDING AVAILABLE?” you ask. For several reasons, namely:
• The Federal Government wants to encourage exporting because exporting helps reduce the balance of payments.
• Exports create jobs in the U.S., improving the economy and increasing the inflow of tax payments.
• Other industries benefit from increased exporting—shipping, airlines, packing, freight forwarders, lenders, etc.
TO GET SOME SBA-GUARANTEED EXPORT FUNDING, you or your client, should be in some type of business (not necessarily exporting) for at least 12 months. Once you’ve achieved this:
• Check with lenders in the area of the business as to their export lending practices. A number of such lenders are listed in this issue.
• Get the lending guidelines from the lender and see if you, or your client, can meet them. Since most such guidelines are easy to meet, there should be little trouble in meeting them, and getting the money!
SMALL BUSINESS ADMINISTRATION (SBA) PROGRAM
SBA Export Express offers small business lending assistance and provides additional help to small
businesses that have difficulty in getting adequate export financing. The program also helps small businesses develop and expand their export markets. Loan proceeds may be used to finance export development activities such as:
· Standby Letters of Credit when required as a bid bond, performance bond or advance payment guarantee
· Participation in a foreign trade show
· Translation of product brochures or catalogs for use in overseas markets
· General lines of credit for export purposes
· Service contracts from buyers located outside the United States
· Transaction-specific financing needs associated with completing actual export orders
· Purchase of real estate and equipment to be used in the production of goods or services for
export
· Term loans and other financing to enable small business concerns, including export trading
companies and export management companies, to develop foreign markets
· Acquisition, construction, renovation, modernization, and improvement or expansion of
productive facilities or equipment to be used in the United States in the production of goods
or services for export.
SBA Export Express loans are available to persons who meet the normal requirements for an SBA
business loan guaranty. Loan applicants must also demonstrate that the loan proceeds will enable
them to enter a new export market or expand an existing export market, and have been in business
operation, though not necessarily in exporting, for at least 12 months.
EXPORTER LOANS ARE OFFERED BY HUNDREDS OF LENDERS - To learn more about this author, visit Tyler Hicks's Website.
Like this article? Share it with your friends
EXPORTER LOANS ARE OFFERED BY HUNDREDS OF LENDERS
IF YOU NEED MONEY FOR AN EXPORTING BUSINESS, there are hundreds of lenders you can tap into—either for yourself or for a client. And these lenders make loans for many different uses, such as:
• Buying real estate or equipment used in the production of goods or services for export.
• Term loans and other financing to develop foreign markets.
• Lines of credit you can tap into for financing exports.
• Constructing, renovating, or modernizing production facilities or equipment to be used in the United States for items to export.
• Standby Letters of Credit to guarantee performance or advance payments involved in exporting.
• Plus a number of other export-related financing activities.
“WHY IS SUCH FUNDING AVAILABLE?” you ask. For several reasons, namely:
• The Federal Government wants to encourage exporting because exporting helps reduce the balance of payments.
• Exports create jobs in the U.S., improving the economy and increasing the inflow of tax payments.
• Other industries benefit from increased exporting—shipping, airlines, packing, freight forwarders, lenders, etc.
TO GET SOME SBA-GUARANTEED EXPORT FUNDING, you or your client, should be in some type of business (not necessarily exporting) for at least 12 months. Once you’ve achieved this:
• Check with lenders in the area of the business as to their export lending practices. A number of such lenders are listed in this issue.
• Get the lending guidelines from the lender and see if you, or your client, can meet them. Since most such guidelines are easy to meet, there should be little trouble in meeting them, and getting the money!
SMALL BUSINESS ADMINISTRATION (SBA) PROGRAM
SBA Export Express offers small business lending assistance and provides additional help to small
businesses that have difficulty in getting adequate export financing. The program also helps small businesses develop and expand their export markets. Loan proceeds may be used to finance export development activities such as:
· Standby Letters of Credit when required as a bid bond, performance bond or advance payment guarantee
· Participation in a foreign trade show
· Translation of product brochures or catalogs for use in overseas markets
· General lines of credit for export purposes
· Service contracts from buyers located outside the United States
· Transaction-specific financing needs associated with completing actual export orders
· Purchase of real estate and equipment to be used in the production of goods or services for
export
· Term loans and other financing to enable small business concerns, including export trading
companies and export management companies, to develop foreign markets
· Acquisition, construction, renovation, modernization, and improvement or expansion of
productive facilities or equipment to be used in the United States in the production of goods
or services for export.
SBA Export Express loans are available to persons who meet the normal requirements for an SBA
business loan guaranty. Loan applicants must also demonstrate that the loan proceeds will enable
them to enter a new export market or expand an existing export market, and have been in business
operation, though not necessarily in exporting, for at least 12 months.
EXPORTER LOANS ARE OFFERED BY HUNDREDS OF LENDERS - To learn more about this author, visit Tyler Hicks's Website.
Like this article? Share it with your friends
![]() | |
| |
No article feedback found. |
| |
Leave Your Feedback |
|
| |
| |||
|
For an online Car Loan Calculator and finance for a cheap car loan. Get approved on car loans or car finance in Australia with cheap bank car loans and finding a car finance broker. Commercial car loans including business car finance and car lease. Car Loan Calculator has information on finance companies and getting the right cheap car loan from banks at best car loan rates and a online car loan calculator for all finance in Australia. Get the best car finance with our help at Car Loan Calculator and Finance Ezi. - Visit Richard Jefferies's Website |
|||
Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
|||
Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
|||
Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
![]() | |
![]()
| |
![]() | |
|
| |
![]() | |
|
| |
![]() | |||||||
|
![]() | ||
|
| ||
![]() |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
![]() |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
![]() |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
![]() |
|
|
![]() | ||
|
The Top 10 GTD Times Posts
Best Posts for Productivity | ||
|
Top 50 Productivity Blogs
Top Blogs To Watch In 2009 | ||
![]() | ||
![]() | ||||
| ||||
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
|
|
|
|
| ||||||||||||
| ||||||||||||








Subscribe to Tyler's articles











