Did you know there are ways to mitigate your financial risk through different financing services?
Learn more about the Export Credit Guarantee Program (GSM-102). USDA’s Foreign Agricultural Service (FAS) administers the program on behalf of the Commodity Credit Corporation (CCC), which issues the credit guarantees. CCC guarantees payments due from approved foreign financial institutions to exporters or financial institutions in the U.S., although the financing must be obtained through normal commercial sources. Typically, 98% of principal and a portion of interest are covered by a guarantee.
Learn more about the Export-Import Bank of the United States (EXIM Bank). EXIM is the official export credit agency of the United States. When private sector lenders are unable or unwilling to provide financing, EXIM fills in the gap for American businesses by equipping them with the financing tools necessary to compete for global sales.
Learn more about U.S. Small Business Administration‘s funding programs. The Small Business Administration has funding options to help grow your business or recover from a declared disaster. They can provide assistance with loans, investment capital, disaster assistance, surety bonds, and grants.
Be the first to comment