With almost 300,000 small businesses currently exporting – and responsible for a third of last year’s record $2.2 trillion in U.S. exports – now is an ideal time to use the SBA’s export loan programs to increase your small business sales and profits, reduce dependence on the domestic market, and stabilize seasonal fluctuations. Consider these facts:
Nearly 96% of consumers live outside the U.S.
2/3 of the world’s purchasing power is in foreign countries
1. Four commonly used international methods of payment –how you can reduce your risk of non-payment when selling overseas.
2. SBA Export Loan Guaranty Programs – SBA and the Export-Import Bank provide a number of loan programs specifically designed to help you develop overseas markets, support your working capital needs, and assist when you’re ready to expand your business.