SBA Export Revolving Credit Line

SOURCE:
From Lending Institution.. SBA Guaranteed

ELIGIBILITY:
For-Profit Small Business(Some Exceptions) Must be Current on All Payrolls. In Business 1 yr min.

RATE:
By Negotiation With Lender.

COLLATERAL:
Receivables, Inventory, Letters of Credit, all Under Jurisdiction of U.S. Courts.

AMOUNT:
Guaranteed to $780,000 or 85% of Loan

FEES:
Up to 1/4% of Guarantee

TERM:
36 Months Maximum

OTHER:
Estimated Cash Flow Statement Required. Monthly Progress Report Required Also.

INFO:
See SBA Fact Sheet #51. Attend SCORE Seminars. See your SBA Authorized Banker for Specific Requirements

 EXPORT WORKING CAPITAL PROGRAM (EWCP)

SBA's new loan program provides funds for the purchase of goods or services for export purposes or to support the collection of foreign receivables. The new EWCP has a maximum guarantee of 90% and a maximum amount of $750, 000. The application has been streamlined to allow a faster processing time.

INTERNATIONAL TRADE LOANS (IT)

IT provides assistance to businesses presently engaged or preparing to engage in international trade and to businesses adversely affected by import competition. The maturity on an IT loan is the same as on other SBA loans (from 5 to 25 years). The maximum SBA exposure is $1,250,000 for facilities and working capital.