SBA's International Trade Guaranty Loan Program
The SBA's International Trade Guaranty Loan Program and the associated Export Working Capital Program are designed for businesses that are preparing to engage in or have already enaged in international trade, or are adversely affected by competition from imports.
Use: The applicant must establish that the loan will significantly expand or develop an export market, is currently adversely affected by import competition, will upgrade equipment or facilities to improve competitive position, or be able to provide a business plan that reasonably projects export sales sufficient to cover the loan. The applicant must be in business at least one year, but not necessarily exporting at the time of application.
Amount: 5,000,000.00
Exposure: SBA can guarantee up to 90% of loans of $350,000 or less, and up to 75% of loans between $350,001 and $500,000. Maximum guaranteed amount in most cases is $1,500,000 however, can go up to $1,750,000 when combined with an Export Working Capital loan.
Interest Rate: Interest rates may be fixed or variable. Rate is determined by the amount and maturity of the loan.
Collateral: Only collateral located in the United States, its territories and possessions is acceptable as collateral under this program. The lender must take a first lien position (or first mortgage) on items financed under an international trade loan. Personal guarantees are required of all 20% or more owners of the business.
Term: Loans for facilities or equipment can have maturities of up to 25 years. Export Working Capital and Express programs have shorter terms and different eligible uses. Contact SBA for actual program information.
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Provider Information

Small Business Administration (SBA)
Federal Building, 68 Sewall Street
Augusta , ME 04330
207-622-8382
207-622-8277
marilyn.geroux@sba.gov
www.sba.gov/me

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