International Marketing Practices

Financing Assistance for Exporters If a commercial bank is not a viable option or additional assistance is needed, there are a number of other existing institutions that offer financing for small to medium sized businesses. Table 18 lists potential sources of financing for export operations.

Table 18. Potential financing opportunities for export operations (based on [23] and [38]).

Program

Services

Ref.

Private Export Funding Corporation https://pefco.com/ Overseas Private Investment Corporation https://www.opic.gov/

Supplements financing from commercial banks and others

[184]

Helps U.S. firms establish themselves in foreign markets, providing opportunities for domestic and overseas employment Contributes to small business growth by providing aid, counsel, and protection Provides financing to businesses that are expanding due to growing exports Provides exporters and lenders with a streamlined method to obtain SBA- backed financing Promotes international trade of agricultural products Promotes public and private programs, policy, and research expansion to help minority-owned business growth Serves as the official export credit agency of the U.S. Provides export opportunities for U.S. suppliers of technical services and commodities Contributes to financing, reporting, examinations, and other services Lends funding for programs to provide small business 7(a) loans Provides up to $5 million to facilitate exports, offering low fees and quick processing times Connects U.S. firms to infrastructure projects overseas to create jobs

[185]

Small Business Administration https://www.sba.gov/ International Trade Loan Program https://www.sba.gov/ Export Express Loan Program https://www.sba.gov/

[186]

[187]

[188]

Foreign Agricultural Service https://www.fas.usda.gov/

[131]

Minority Business Development Agency https://www.mbda.gov/ Export-Import Bank of the United States https://www.exim.gov/

[189]

[190]

U.S. Agency for International Development https://www.usaid.gov/

[191]

Small Business Investment Companies https://www.sba.gov/ 7(a) Regular Business Loan Program https://www.sba.gov/ Export Working Capital Program https://www.sba.gov/ U.S. Trade and Development Agency https://ustda.gov/

[192]

[193]

[194]

[195]

These opportunities, available through both the U.S. government and third-party entities, help firms to establish exporting operations overseas. However, many of these, such as the Export-Import Bank of the United States, do more than just financing and offer a breadth of additional services.

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