Working capital financing enables U.S. businesses to obtain loans that facilitate the export of goods or services by providing the liquidity needed to accept new business, to grow international sales, and to compete more effectively in foreign markets.
The U.S. Small Business Administration (SBA) - Export Working Capital Program(EWCP): Provides up to $5 million in short-term, transaction-specific working capital loan guarantees to U.S. small business exporters. Loans guaranteed under this program can be used for pre-export financing of labor and materials and for post-shipment financing of the accounts receivable generated from transaction-specific overseas sales.
Eligible export transactions
Financing is available for manufacturers, wholesalers, export trading companies and service exporters. EWCP loan borrowers must meet SBA 7(a) eligibility and size standards (fewer than 500 employees for manufacturers, fewer than 100 employees for wholesalers) and have been in business for at least 12 months. SBA can waive the 12-month in-business requirement if the applicant can demonstrate sufficient export expertise and business experience.
The Export-Import Bank of the United States (Ex-Im Bank)- Working Capital Guarantee Program: provides loan guarantees for transaction-specific working capital loans made by commercial lenders to U.S. exporters. Uses of this financing include purchasing finished products for export; paying for raw materials, equipment, supplies, labor and overhead to produce goods or to provide services for export; covering standby letters of credit serving as bid bonds, performance bonds, or payment guarantees; and financing foreign receivables. The Ex-Im Bank’s Environmental Exports Program provides enhanced levels of financial support, including the working capital guarantee, for a broad range of renewable energy and other environmentally beneficial exports.
RE&EE exports in action
Where do I start?
To learn more and to to apply for these programs, please click on the links for each description.
The U.S. government also provides finance related events and online training to further assist in exporting your products and services.
To receive counseling on how these programs can help you achieve your international sales goals, please contact your local U.S. Commercial Service international trade specialist.
More financing programs
Return to the online guide "Financing" section to read more about programs that can help RE&EE exporters.