800.979.3177
+1.412.785.7671U.S. Export Funding Guide
A comprehensive guidebook that includes information on the STEP program by state, SBA Loans for exporters by state, and information on EXIM Bank insurance.
State Trade Expansion Program (STEP)
The STEP grant program helps small businesses grow through exporting through state and territory governments’ financial awards.
STEP financial support helps U.S. small businesses:
- Learn to export
- Participate in foreign trade missions
- Design international marketing products and campaigns
- Support website globalization and e-commerce capabilities
- Pay for subscriptions to services provided by the U.S. Department of Commerce and other federal agencies
- Participate in export trade show exhibits and training workshops
SBA Loans for Exporters
SBA works directly with small business exporters through U.S. Export Assistance Centers (USEACs), which are co-located with the Department of Commerce and the Export-Import Bank of the United States.
Contact an Export Finance Manager in your region for assistance with securing capital to meet your exporting needs.
You can be awarded up to $500,000.
Export Import Bank of the United States (EXIM Bank)
Export Credit Insurance empowers you to meet, or beat, your competitors by winning new customers and increasing sales to existing buyers. The process is simple: after you’ve agreed to credit terms with your international buyer, you ship the product and invoice them. Next you report the shipment to EXIM & pay your premium. After the agreed upon time, your buyer pays. If they fail to do so, EXIM pays.
Risk Reduction: Safeguard against catastrophic losses from buyer nonpayment: Export Credit Insurance covers up to 95 percent of sales invoices.
Improve Liquidity: Lenders are more likely to include foreign receivables and inventory in your borrowing base when those receivables are insured, giving you access to additional financing and improving cash flow.
Increase Competitiveness: Offer buyers the credit terms necessary to expand into new markets and boost sales with existing customers with confidence. In turn, buyers do not need to pay cash in advance and hinder their cash flow.
Credit Management Expertise: Ease the burden of credit risk management by leveraging EXIM’s international expertise.
Flexible Coverage: Whether you need to cover a single buyer, a few buyers, or your entire export portfolio, EXIM has a policy to fit your needs.
Additional Resource: Export Myths
Clients We’ve Helped Run International Campaigns Include
Alma Arteaga
Merco Supermarket (Mexico)
Chap Remp
President’s Export Award-Winning Entrepreneur
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