The U.S. Small Business Administration (SBA) helps small business owners and entrepreneurs pursue the American dream. The mission of SBA’s Office of International Trade (OIT) is to enable small business expansion into the global economy. OIT helps businesses in three main ways:
- Grants: The State Trade Expansion Program provides grants to small businesses though State trade offices to help business begin or expand exporting. Click on the link to find your State or Territory.
- Counseling: A trade hotline and Fast Track Service for small businesses to discuss unique challenges with going global and identify potential resource solutions. To schedule a consultation, call 1-855-722-4877 or email firstname.lastname@example.org. Find more information on www.sba.gov/tradetools.
- Loans: Access to capital to support global sales growth through a nationwide network of Export Finance Managers housed in U.S. Export Assistance Centers (USEACs) around the country. Click on the link to find the Center closest to you.
The Veterans Business Outreach Center (VBOC) program is designed to provide entrepreneurial development services such as business training, counseling and resource partner referrals to transitioning service members, veterans, National Guard & Reserve members and military spouses interested in starting or growing a small business. The SBA has 22 organizations participating in this cooperative agreement and serving as Veterans Business Outreach Centers (VBOC).
For more information visit https://www.sba.gov/page/veterans-business-outreach-center-vboc-program
The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM is an independent Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.
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. In doing so, the agency levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs.
Because it is backed by the full faith and credit of the United States, EXIM assumes credit and country risks that the private sector is unable or unwilling to accept. The agency’s charter requires that all transactions it authorizes demonstrate a reasonable assurance of repayment; EXIM consistently maintains a low default rate, and closely monitors credit and other risks in its portfolio.
For more information visit EXIM.gov