Financing your global business How SBA promotes access to capital for US exporters

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Financing your global business How SBA promotes access to capital for US exporters"

Transcription

1 Financing your global business How SBA promotes access to capital for US exporters Jeff Deiss US Small Business Administration Office of International Trade San Francisco, CA

2 Financing for the exporter What do you need to get the deal done?

3 Two types of financing that an exporter needs 1. To fulfill export orders working capital for production and pre-shipment costs (raw materials, inventory, labor, etc.); post-shipment carrying costs (assuring sufficient cash flow while offering competitive terms) 2. To position the firm for export success fixed assets, equipment, permanent working capital, debt restructuring to improve competitive position and be more efficient

4 SBA works with lenders to unlock both kinds of financing. How? With loan guarantees for commercial lenders. Find active lenders at: -> select Export Loans -> select Export Lenders

5 SBA assistance is limited to small businesses What is a small business? SBA s traditional small business definition defines small businesses by NAICS code: Industry Category Ag producers Ag product wholesalers Food retailers Food processors Small Business Size Standard $750,000/year revenue 100 employees $7.5 MM/year revenue 500 employees

6 SBA assistance is limited to small businesses But there is also an Alternate Size Standard : Tangible net worth of $15 million, and 2-year average NET income after taxes (excluding carryover losses) of $5 million So small business can actually be pretty BIG...

7 SBA s 3 Export Programs Specialized 7(a) loans for financing your exporter: 1. International Trade Loan (ITL) Positioning the firm to export 2. Export Working Capital Program (EWCP) Fulfilling export orders 3. Export Express Smaller loans for either need

8 SBA Export Lending The highest % guarantee the Export BOOST!

9 The EXPORT BOOST Typical federal (including SBA) loan guarantees range from 50% to 75% SBA export loans receive: 90% Why? Because exports are critical to national economic success

10 SBA s export financing programs #1 International Trade Loan (ITL) Positioning the firm for export 90% guarantees on loans up to $5 million Equipment, real estate, refinancing, permanent working capital (No transfers of ownership) Financing for projects that improve the competitive position of US exporter so as to increase exporting Term loan: RE - 25 yrs; M&E or WC - 10 yrs FY2015: $390MM, 215 loans, 81 lenders

11 SBA s export financing programs #2 Export Working Capital Program (EWCP) Working capital to fulfill the export order 90% guarantees on loans up to $5 million Only export working capital (or standby letters of credit) Asset-Based or Transaction-Based lines; revolving Advance rates of 75-90% on export sales SBA s lowest guaranty fee (¼%) Typically 1 year loans; re-issued annually FY2015: $310MM, 176 loans, 79 lenders

12 SBA s export financing programs #3 Export Express Fast-track approvals for smaller export-related loans 90% guarantees on loans up to $350,000 75% guarantees on loans up to $500,000 Use lender s own underwriting/collateral standards Any export development activity fixed assets; market development; refinancing; general line of credit if at least 70% will be export-related Term loan or revolving line FY2015: $30MM, 156 loans, 62 lenders

13 BONUS program: State Trade & Export Promotion (STEP) Program Grant program run by California Centers for International Trade Development (CITD) Typically $2,500 grant to reimburse small businesses for the cost of trade shows and other export development work Funds from SBA s State Trade & Export Program (STEP) California was awarded a $740,000 grant for FY2016

14 Export Finance Assistance Jeff Deiss Regional Export Finance Manager, SBA, San Francisco

15 and finally an export marketing benefit for everyone: The Strong US Dollar Marketing friend/pricing foe

Financing your global business

Financing your global business Financing your global business How SBA promotes access to capital for US exporters Jeff Deiss US Small Business Administration Office of International Trade San Francisco, CA The 2 nd component of international

More information

U.S. Small Business Administration

U.S. Small Business Administration U.S. Small Business Administration New England Trade Development Summit October 17-18, 2011 Helping you start, grow and succeed. Office of International Trade SBA provides federal government guarantees

More information

Export Financing Solutions Identifying new sources of capital

Export Financing Solutions Identifying new sources of capital Export Financing Solutions Identifying new sources of capital Jeff Deiss Regional Export Finance Manager SBA Office of International Trade Portland, Oregon The exporter s challenge Export Sales Opportunities

More information

SBA Export Loan Programs

SBA Export Loan Programs SBA Export Loan Programs Office of International Trade U.S. Small Business Administration San Diego CRA Roundtable Trade Finance Workshop San Diego, CA Oct 24, 2013 1 SBA Office of International Trade

More information

SBA Export Programs: Linking credit unions & small businesses in a world of export opportunity

SBA Export Programs: Linking credit unions & small businesses in a world of export opportunity SBA Export Programs: Linking credit unions & small businesses in a world of export opportunity Jeff Deiss Regional Export Finance Manager SBA Office of International Trade San Francisco, CA Why exporting?

More information

U.S. SMALL BUSINESS ADMINISTRATION. Craig Jordan. Lead Lender Relations Specialist

U.S. SMALL BUSINESS ADMINISTRATION. Craig Jordan. Lead Lender Relations Specialist U.S. SMALL BUSINESS ADMINISTRATION Craig Jordan Lead Lender Relations Specialist James Pipper International Trade Officer GUARANTEED LENDING PROGRAMS UPDATE U.S. Government Export Financing Programs How

More information

SBA EXPORT LOAN PROGRAMS

SBA EXPORT LOAN PROGRAMS SBA EXPORT LOAN PROGRAMS Patrick Hayes, Regional Manager SBA Export Solutions Group U.S. Export Assistance Center 600 Superior Avenue, Suite 700 Cleveland, OH 44114-216-522-4731 patrick.hayes@sba.gov National

More information

www.sba.gov/international

www.sba.gov/international www.sba.gov/international Presented By: Pru Balatero Regional Manager SBA International Trade Programs c/o Seattle U.S. Export Assistance Center The Westin Building 2001 Sixth Avenue, Suite 2610 Seattle,

More information

SMALL BUSINESS JOBS ACT:

SMALL BUSINESS JOBS ACT: SMALL BUSINESS JOBS ACT: HIGHER MAXIMUM LOAN SIZES, REVISED SIZE STANDARDS What advantages does the Small Business Jobs Act bring to companies in Alabama? SBA Express: SBA Express loan limits have been

More information

Export Credit and Finance Essentials For Successful Exporters

Export Credit and Finance Essentials For Successful Exporters International Trade Leadership Certificate Series Export Credit and Finance Essentials For Successful Exporters July 17, 2015 1 Alabama Small Business Development Center Network An affiliate of America

More information

SMALL BUSINESS AND THE INTERNATIONAL MARKETPLACE. A Report by the U.S. Small Business Administration- Office of International Trade

SMALL BUSINESS AND THE INTERNATIONAL MARKETPLACE. A Report by the U.S. Small Business Administration- Office of International Trade SMALL BUSINESS AND THE INTERNATIONAL MARKETPLACE A Report by the U.S. Small Business Administration- Office of International Trade Small Business Exports are Exploding! Since fye 2005 thru 2010, SBA reported

More information

Small Business Exports and International Opportunities

Small Business Exports and International Opportunities Small Business Exports and International Opportunities Toni Corsini NY Regional Manager SBA Office of International Trade Tel: 212-809-2645 E-mail: toni.corsini@trade.gov Small businesses are a critical

More information

FINANCING EXPORTS. Sandro Murtas Small Business Administration Office of International Trade Regional Manager sandro.murtas@sba.gov Tel: 504-756-5353

FINANCING EXPORTS. Sandro Murtas Small Business Administration Office of International Trade Regional Manager sandro.murtas@sba.gov Tel: 504-756-5353 FINANCING EXPORTS Sandro Murtas Small Business Administration Office of International Trade Regional Manager sandro.murtas@sba.gov Tel: 504-756-5353 Separating Myths from Facts Myth Small Businesses Don

More information

SBA EXPORT LOAN PROGRAMS

SBA EXPORT LOAN PROGRAMS SBA EXPORT LOAN PROGRAMS Patrick Hayes, Regional Manager SBA Export Solutions Group U.S. Export Assistance Center 600 Superior Avenue, Suite 700 Cleveland, OH 44114-216-522-4731 patrick.hayes@sba.gov SBA

More information

SBA Export Loan Programs

SBA Export Loan Programs SBA Export Loan Programs Pellson Lau, Regional Manager Export Solutions Group, Office of International Trade U.S. Small Business Administration 444 S. Flower St., 37 th Fl Los Angeles, CA 90071 Tel: 213.894.8267;

More information

SMALL BUSINESS AND THE. Administration- Office of International Trade

SMALL BUSINESS AND THE. Administration- Office of International Trade SMALL BUSINESS AND THE INTERNATIONAL MARKETPLACE A Report by the U.S. Small Business Administration- Office of International Trade Small Business Exports are Exploding! In 2008, SBA reported 3,305 loans

More information

2012 Economic Development Finance Service Conference Federal Program Update SBA

2012 Economic Development Finance Service Conference Federal Program Update SBA 2012 Economic Development Finance Service Conference Federal Program Update SBA April 26, 2012 10:30-12:00pm SBA Programs Microloan Program Community Advantage Intermediary Lending Pilot Program 7(a) 504

More information

Overview of SBA Loan Programs

Overview of SBA Loan Programs Overview of SBA Loan Programs U.S. Small Business Administration San Francisco District Office 455 Market Street, Suite 600 San Francisco, CA 94105 (415)744-6820 SBA Loan Programs The Big 3 SBA Microloan

More information

NAVIGATING TODAY S CREDIT JUNGLE ALTERNATIVES

NAVIGATING TODAY S CREDIT JUNGLE ALTERNATIVES NAVIGATING TODAY S CREDIT JUNGLE AN OVERVIEW OF SBA FINANCING ALTERNATIVES November, 2011 Timothy D. Dixon Head of Small Business Administration (W) 216-514-5431 timothy.dixon@citizensbanking.com 1 Discussion

More information

GrowFL and SunTrust Bank Present: Business Acquisitions and Partner Buyouts How SBA Loans can be leveraged to help

GrowFL and SunTrust Bank Present: Business Acquisitions and Partner Buyouts How SBA Loans can be leveraged to help GrowFL and SunTrust Bank Present: Business Acquisitions and Partner Buyouts How SBA Loans can be leveraged to help GrowFL Webinar Series Date: September 4, 2012 Presented by: Hetal Engineer, SunTrust VP

More information

SBA EXPORT EXPRESS LOAN PROGRAM

SBA EXPORT EXPRESS LOAN PROGRAM SBA EXPORT EXPRESS LOAN PROGRAM Patrick Hayes, Regional Manager SBA Export Solutions Group U.S. Export Assistance Center 600 Superior Avenue, Suite 700 Cleveland, OH 44114-216-522-4731 patrick.hayes@sba.gov

More information

Financing Downtown Businesses

Financing Downtown Businesses Financing Downtown Businesses Presented by: David Kircher 1 Wisconsin Business Development Finance Corporation Certified Development Company Authorized to work with SBA 504 Program Fixed Asset Financing

More information

SBA Programs & Services

SBA Programs & Services Helping you start, grow and succeed. SBA Programs & Services 2012 Government Small Business Conference South Florida District Office Overview Covers 24 counties from Monroe to Osceola District Office located

More information

Graduate School of Colorado SBA lending Presentation

Graduate School of Colorado SBA lending Presentation Graduate School of Colorado SBA lending Presentation SBA lending course summary The course will provide an overview and comparison of SBA 7a, SBA 504 and USDA Business & Industry (B&I) loan programs. SBA

More information

A Guide to Federal, State and Regional Loan and Grant Programs for Agribusiness

A Guide to Federal, State and Regional Loan and Grant Programs for Agribusiness Illinois Office of Associate Director April 2004 Environmental 1021 North Grand Avenue East Protection Agency Springfield, IL 62706 Governor Rod Blagojevich Director Renee Cipriano A Guide to Federal,

More information

August 16, 2011. CBNA Commercial Banking SBA Loan Programs

August 16, 2011. CBNA Commercial Banking SBA Loan Programs August 16, 2011 CBNA Commercial Banking SBA Loan Programs Table of Contents Topics Pages What is the SBA? 2 Program Benefits 3-4 SBA 7A Loan 5-7 SBA 504 8-11 Application Requirements 12 SBA Loan Process

More information

AN EXPORTER S GUIDE TO. Working Capital Loan Guarantees

AN EXPORTER S GUIDE TO. Working Capital Loan Guarantees AN EXPORTER S GUIDE TO Working Capital Loan Guarantees In This Guide Introduction The Value of a Working Capital Loan Guarantee How It Works The Application Process Case Study: CECA Supply & Services Inc.

More information

SBA Programs to Help You Start & Grow Your Small Business

SBA Programs to Help You Start & Grow Your Small Business SBA Programs to Help You Start & Grow Your Small Business U.S. Small Business Administration 6501 Sylvan Road, Suite 100 Citrus Heights, CA 95610 916-735-1700 www.sba.gov 08?11 BUSINESS LOANS & THE SBA

More information

Your Logo Here Creative Ways to Finance Your Working Capital Needs. February 22, 2012 2/24/2012

Your Logo Here Creative Ways to Finance Your Working Capital Needs. February 22, 2012 2/24/2012 Your Logo Here Creative Ways to Finance Your Working Capital Needs February 22, 2012 1 Trade Finance Tools Classic Trade Products: Letters Of Credit, Collections, Open Account Enhanced Trade Products:

More information

SBA Lending. MCUL Lending Conference. What does a guaranty mean to you?

SBA Lending. MCUL Lending Conference. What does a guaranty mean to you? SBA Lending MCUL Lending Conference What does a guaranty mean to you? What will be covered Benefits of SBA SBA Loan Programs 7(a) Lending Parameters Determining Eligibility Credit Considerations Use of

More information

Copyright 2015 NAGGL, Inc. - Do Not Copy/Distribute. Today s Discussion. Reminders. #orangesince1984

Copyright 2015 NAGGL, Inc. - Do Not Copy/Distribute. Today s Discussion. Reminders. #orangesince1984 #orangesince1984 Today s Discussion Value in using the CAPLines program to provide larger LOCs with SBA s full guaranty W/C CAPLines = most widely use so we ll cover in most detail - Underwriting - Monitoring

More information

How Important are Small Businesses to America s Economy

How Important are Small Businesses to America s Economy How Important are Small Businesses to America s Economy Small businesses make up: 99.7 percent of U.S. employer firms, 63 percent of net new private sector jobs, 48.5 percent of private sector employment,

More information

SBA ONE. SBA ONE Processing Methods. Effective January 1, 2014. SOP 50 10 5(F) - Application Changes. Standard 7(a) Guaranty, CLP & PLP

SBA ONE. SBA ONE Processing Methods. Effective January 1, 2014. SOP 50 10 5(F) - Application Changes. Standard 7(a) Guaranty, CLP & PLP SBA ONE Effective January 1, 2014 SOP 50 10 5(F) - Application Changes 1 SBA ONE Processing Methods Standard 7(a) Guaranty, CLP & PLP Small Loans up to and including $350,000 (All Processed Like Small

More information

Debt Refinancing Under the 7(a) Program. Lynn G. Ozer Executive Vice President Government Guaranteed Lending

Debt Refinancing Under the 7(a) Program. Lynn G. Ozer Executive Vice President Government Guaranteed Lending Debt Refinancing Under the 7(a) Program Lynn G. Ozer Executive Vice President Government Guaranteed Lending Debt Refinancing SBA-guaranteed loan proceeds may not be used to refinance debt originally used

More information

GrowFL and SunTrust Bank Present: How To Utilize The SBA Loan Programs To Improve Cash Flow And Grow Your Business

GrowFL and SunTrust Bank Present: How To Utilize The SBA Loan Programs To Improve Cash Flow And Grow Your Business GrowFL and SunTrust Bank Present: How To Utilize The SBA Loan Programs To Improve Cash Flow And Grow Your Business GrowFL Webinar Series Date: March 5, 2012 Presented by: Hetal Engineer, SunTrust VP hetal.engineer@suntrust.com

More information

Credit Connections Leveraging Resources to Strengthen Deals. U.S. Small Business Administration

Credit Connections Leveraging Resources to Strengthen Deals. U.S. Small Business Administration Credit Connections Leveraging Resources to Strengthen Deals U.S. Small Business Administration 1 Lenders Benefits of SBA Loans SBA s Guaranty reduces a Lender s Risk Helps lenders make loans with longer

More information

SBA and USDA Lending 1/28/2014. Benefits of SBA Financing. Small Business Administration and United State Department of Agriculture

SBA and USDA Lending 1/28/2014. Benefits of SBA Financing. Small Business Administration and United State Department of Agriculture SBA and USDA Lending Small Business Administration and United State Department of Agriculture Work in Partnership with Banks Encourage Banks to Lend to Businesses by Guaranteeing loans to reduce Lender

More information

SBA 101 - Introduction to SBA Lending. WPASGL 2013 Quality Circle April 11, 2013

SBA 101 - Introduction to SBA Lending. WPASGL 2013 Quality Circle April 11, 2013 SBA 101 - Introduction to SBA Lending WPASGL 2013 Quality Circle April 11, 2013 PURPOSE OF SBA FINANCIAL ASSISTANCE The purpose of SBA financial assistance is not to encourage banks to make bad loans.

More information

A fresh perspective on Asset Based Lending (ABL)

A fresh perspective on Asset Based Lending (ABL) A fresh perspective on Asset Based Lending (ABL) While asset-based lending may often be considered last-resort funding, commercial borrowers of all types and sizes are using this flexible, cost-effective

More information

U.S. SMALL BUSINESS ADMINISTRATION

U.S. SMALL BUSINESS ADMINISTRATION U.S. SMALL BUSINESS ADMINISTRATION LENDING TO BUSINESSES SELLING IN THE GLOBAL MARKETPLACE SBA LENDING TECHNICAL CONFERENCE San Antonio, Texas May 7, 2015 SBA Export Loan Program Overview 1) A world of

More information

2030 Districts. Project. Financing. Tookit. Small Business Association. Financing

2030 Districts. Project. Financing. Tookit. Small Business Association. Financing 2030 Districts Project Financing Tookit Small Business Association Financing Project Financing Toolkit Small Business Association Financing (SBA) The Small Business Association s (SBA) core programs offer

More information

SBA Financing Options

SBA Financing Options SBA Financing Options Frank Demarest, Deputy District Director 1 7(a) Loan Program SBA s primary business loan program Broad eligibility requirements Wide range of financing needs Increase in the maximum

More information

OLR RESEARCH REPORT ANALYSIS OF STATE SMALL BUSINESS LOAN GUARANTEE PROGRAMS. By: Michelle Kirby, Associate Analyst

OLR RESEARCH REPORT ANALYSIS OF STATE SMALL BUSINESS LOAN GUARANTEE PROGRAMS. By: Michelle Kirby, Associate Analyst OLR RESEARCH REPORT February 19, 2013 2013-R-0054 ANALYSIS OF STATE SMALL BUSINESS LOAN GUARANTEE PROGRAMS By: Michelle Kirby, Associate Analyst You asked for an analysis of state small business loan guarantee

More information

SBA Programs to Help You Start & Grow Your Small Business

SBA Programs to Help You Start & Grow Your Small Business SBA Programs to Help You Start & Grow Your Small Business Don Spry Senior Area Manager U.S. Small Business Administration 419 North 3 rd Street Wilmington, NC 28410 don.spry@sba.gov 910-815-3188 (office)

More information

SBA Business Loan Programs

SBA Business Loan Programs SBA Business Loan Programs Horizon Certified Development Company Horizon Certified Development Company Incorporated in 1982 as Hamilton County Development Co., Inc. (HCDC) HCDC is a Certified Development

More information

W i n t r u s t B a n k

W i n t r u s t B a n k W i n t r u s t B a n k 1 WHO ARE WE Wintrust Financial is a financial services holding company We provide traditional community banking services, commercial banking, wealth management, commercial insurance

More information

USDA Rural Development Business Programs

USDA Rural Development Business Programs USDA Rural Development Business Programs Business Programs Business & Industry Guaranteed Loans Revolving Loan Fund Programs Energy Programs (REAP) Rural Business Development Grant (RBDG) Eligible Locations

More information

Surety Bond Guarantee Program

Surety Bond Guarantee Program Contractor Bond Seminar Surety Bond Guarantee Program 1 The Basics of Bonding Contract Bonds Bond Agents Pre qualification What Bond Underwriters Look For Banking, Credit & Bond Costs SBA Bond Guarantee

More information

Action Capital Corporation. Creative Financing for Small Businesses Since 1959. National Veterans Small Business Engagement November 17-19,2015

Action Capital Corporation. Creative Financing for Small Businesses Since 1959. National Veterans Small Business Engagement November 17-19,2015 Action Capital Corporation Creative Financing for Small Businesses Since 1959 National Veterans Small Business Engagement November 17-19,2015 Sources of Capital & Liquidity Source of Capital Trade or Supplier

More information

The FFCFC 504 Loan Program: A Unique Alternative for Small Business Fixed Asset Financing

The FFCFC 504 Loan Program: A Unique Alternative for Small Business Fixed Asset Financing Commercial Lenders The FFCFC 504 Loan Program: A Unique Alternative for Small Business Fixed Asset Financing The FFCFC 504 Loan Program is designed to help small business owners expand through the purchase

More information

ILLINOIS BUSINESS FINANCING MATRIX

ILLINOIS BUSINESS FINANCING MATRIX A Guide of Federal, State and Regional Loan Incentive and Grant s for Business and Economic TERM RATE FEES 7(a) Loan Guaranty The s primary loan program Business start ups or expansion; construction of

More information

Understanding Working Capital in a Successful Business Acquisition or Where is the Working Capital?

Understanding Working Capital in a Successful Business Acquisition or Where is the Working Capital? Understanding Working Capital in a Successful Business Acquisition or Where is the Working Capital? Working capital definition- 1. The amount of capital needed to carry on a business. 2. Accounting- current

More information

HOW TO LAND AN SBA Loan

HOW TO LAND AN SBA Loan HOW TO LAND AN SBA Loan by Ron Box, CPA/CITP/CFF With all of the uncertainty around maintaining a predictable flow of capital to businesses, a commercial loan provided by a bank but guaranteed by the federal

More information

SBA Express Loan Program. www.sba.gov/for-lenders

SBA Express Loan Program. www.sba.gov/for-lenders SBA Express Loan Program SESSION WILL COVER History Lender eligibility issues Program parameters Loan processing Loan closing Practical uses Program Designed to: Increase lender participation Increase

More information

Overview of Financial Solutions

Overview of Financial Solutions Overview of Financial Solutions The Etra Advisory Group provides solutions to businesses for growth, expansion, cash flow, refinance and acquisition. We cover the world of business financing that banks

More information

Exploring Exports: Financing Your Export Sales

Exploring Exports: Financing Your Export Sales Exploring Exports: Financing Your Export Sales Presented by: Scott K. Hibbard, Vice President International Trade Finance February 9, 2012 Agenda Overview: Global Trade Trends Trade Cycle, Trade Risks,

More information

R a i sing C a pital: H ow To Get M o n e y F o r a Small B u s i n e ss

R a i sing C a pital: H ow To Get M o n e y F o r a Small B u s i n e ss R a i sing C a pital: H ow To Get M o n e y F o r a Small B u s i n e ss In addition to drive, ambition and a great deal of planning, starting and expanding a small business generally requires capital.

More information

ILLINOIS BUSINESS FINANCING MATRIX. A Guide for Federal, State and Regional Loan Incentive and Grant Programs for Business and Economic Development

ILLINOIS BUSINESS FINANCING MATRIX. A Guide for Federal, State and Regional Loan Incentive and Grant Programs for Business and Economic Development A Guide for Federal, State and Regional Loan Incentive and Grant s for Business and Economic PROGRAM TERM RATE FEES 7(a) Loan Guaranty The s primary loan program Business start ups or expansion; construction

More information

SBA Policy Notice. TO: All SBA Employees CONTROL NO.: 5000-1382. SUBJECT: Reauthorization of 504 Debt EFFECTIVE: 05/26/2016. Refinancing Program

SBA Policy Notice. TO: All SBA Employees CONTROL NO.: 5000-1382. SUBJECT: Reauthorization of 504 Debt EFFECTIVE: 05/26/2016. Refinancing Program SBA Policy Notice TO: All SBA Employees CONTROL NO.: 5000-1382 SUBJECT: Reauthorization of 504 Debt Refinancing Program EFFECTIVE: 05/26/2016 The Small Business Jobs Act of 2010 (Jobs Act), P.L. 111-240,

More information

SBA Loan Programs. Houston District Office. Manuel Gonzalez Houston District Director. July 24 th, 2014. Moving Forward with Excellence

SBA Loan Programs. Houston District Office. Manuel Gonzalez Houston District Director. July 24 th, 2014. Moving Forward with Excellence Houston District Office SBA Loan Programs Manuel Gonzalez Houston District Director July 24 th, 2014 Houston District Office Topics to be discussed : Overview of SBA Three SBA Loan Programs SBA Impact

More information

USDA RURAL DEVELOPMENT

USDA RURAL DEVELOPMENT Leroy J. Debes of U.S. Department of Agriculture - Rural Development Business and Economic Development Loans -- Loan Guarantees -- Grants LeRoy J. Debes, Area Specialist 509-924-7350 Ext. 115 leroy.debes@wa.usda.gov

More information

SBA Guaranty Loan Options for Small Businesses

SBA Guaranty Loan Options for Small Businesses SBA Guaranty Loan Options for Small Businesses W. Lewis Burger Lender Relations Specialist Georgia District Office Atlanta, GA (404) 331-0100 Ext 304 W.Burger@SBA.gov SBA Loan Guaranties- Understanding

More information

Small Business Programs and Resources

Small Business Programs and Resources Small Business Programs and Resources Start-Up Business Weak Collateral Longer Repayment Terms Unfamiliar Industry Achieve community economic development through job creation and retention by providing

More information

Small Business Administration

Small Business Administration Financing the SBA Way Wayne Bell District Director Wichita District Office June 6, 2012 1 Agency History SBA What it is Federal Agency Created in 1953 Purpose To help potential and current small business

More information

Engaging CRBT to bring longer term, fixed interest rate loans to assist rural business

Engaging CRBT to bring longer term, fixed interest rate loans to assist rural business Engaging CRBT to bring longer term, fixed interest rate loans to assist rural business Team EDGE August 6, 2015 Presented by: Randy Frescoln Vice President, Specialty Finance Group 515.493-8118; cfrescoln@crbt.com

More information

CHANGES HIGHLIGHTED IN SOP 50 10 5(H) (Effective 5/1/2015)

CHANGES HIGHLIGHTED IN SOP 50 10 5(H) (Effective 5/1/2015) CHANGES HIGHLIGHTED IN SOP 50 10 5(H) (Effective 5/1/2015) [Copied directly from SOP major language changes highlighted. Changes in general order of importance. Material shown in quotes directly following

More information

Project Financing Tools

Project Financing Tools OVERVIEW The City of Ramsey has a number of financial tools available for economic development projects. In general, tools include gap financing loans, SBA loans/loan guarantees and project based local

More information

SBA Update Prime Contractors Group Eric Ness SBA Wisconsin District Director

SBA Update Prime Contractors Group Eric Ness SBA Wisconsin District Director SBA Update Prime Contractors Group Eric Ness SBA Wisconsin District Director October 13, 2015 1 Overview Programs and Services Capital Contracting Counseling 2 7(a) Loan Program SBA s primary business

More information

TMF: The Proven Model for Texas Business and Community Development. Celebrating 10 years: TMF Statewide Impact

TMF: The Proven Model for Texas Business and Community Development. Celebrating 10 years: TMF Statewide Impact TMF: The Proven Model for Texas Business and Community Development Business loans for growth-oriented businesses with needs that may qualify for only partial financing through traditional lending institutions.

More information

Houston District Office

Houston District Office Houston District Office SBA Loan Program Presentation Topics to be discussed: Overview of SBA Three SBA Loan Programs SBA Impact Serving 32 Counties SBA Programs and Services Capital/Financial Assistance

More information

EX-IM BANK WORKING CAPITAL GUARANTEE PROGRAM (WCGP)

EX-IM BANK WORKING CAPITAL GUARANTEE PROGRAM (WCGP) EX-IM BANK WORKING CAPITAL GUARANTEE PROGRAM (WCGP) PRIORITY LENDER PROGRAM (PLP) / DELEGATED AUTHORITY LENDER PROGRAM (DALP) CREDIT MEMORANDUM FORMAT (REV. 2/01) A. Request 1. Name of Applicant. 2. Preliminary

More information

SBA 504 Debenture Program Long-term financing for fixed asset acquisitions and expansions

SBA 504 Debenture Program Long-term financing for fixed asset acquisitions and expansions SBA 504 Debenture Program Long-term financing for fixed asset acquisitions and expansions Economic Development Objectives of SBA 504 Economic Development Objectives maximum 504 Loan Job Factor Job Creation/Job

More information

ARC LOAN PROGRAM. Office of Small Business & Entrepreneurship and SBA

ARC LOAN PROGRAM. Office of Small Business & Entrepreneurship and SBA ARC LOAN PROGRAM Office of Small Business & Entrepreneurship and SBA 1 Timeline June 8 th : Regulation, Procedural Guidance and Forms Released Week of June 8 th : Lender Training June 15 th : SBA Begins

More information

LENDERS SUMMARY OF 504 RULES

LENDERS SUMMARY OF 504 RULES LENDERS SUMMARY OF 504 RULES Eligibility applies to Nine areas 1. Size 2. Credit Not Available Elsewhere 3. Personal Resources of the Borrower 4. Use of Proceeds 5. Types of Businesses 6. Job Criteria(Economic

More information

Mike Bollinger - Profile. Independent Pharmacy - Today. Discussion Topics. Independent Pharmacy - Today 6/19/2012. Mike Bollinger June 22, 2012

Mike Bollinger - Profile. Independent Pharmacy - Today. Discussion Topics. Independent Pharmacy - Today 6/19/2012. Mike Bollinger June 22, 2012 Mike Bollinger - Profile Mike Bollinger June 22, 2012 Presenting to the members of: Business Management / Marketing, BA - University of New Orleans Manager, Independent Pharmacy - Majoria Drugs Sales Consultant,

More information

Overview of SBA Economic Development Programs and the Impact of the Recovery Act. April 21, 2010

Overview of SBA Economic Development Programs and the Impact of the Recovery Act. April 21, 2010 Overview of SBA Economic Development Programs and the Impact of the Recovery Act April 21, 2010 1 Overview of Recovery Act: Goals 1. Restore Access to Capital for Small Businesses: Increase Lending across

More information

Government Guaranteed Business Lending

Government Guaranteed Business Lending Government Guaranteed Business Lending Ideally suited to the mission of CU s to satisfy their members business loan needs Herb White, VP of Lending, Hudson Valley FCU Margaret Gilbert, Managing Director,

More information

Contract Financing for the Contractor

Contract Financing for the Contractor a Contract Financing for the Contractor SBA s Contract CAPLines Program A Presentation For The Contractor SBA has a Loan Guaranty Program To help Contractors Obtain Financing for Contract Work Its Called

More information

Welcome To. America s Small Business Resource

Welcome To. America s Small Business Resource Welcome To America s Small Business Resource Small Business in Colorado Small business plays a vital role in Colorado s economy There are more than 549,000 small businesses in Colorado and they represent

More information

WHAT IS A REAL (504) LOAN?

WHAT IS A REAL (504) LOAN? WHAT IS A REAL (504) LOAN? The Real Estate Advantage Loan (also known as a REAL or 504 Loan) is a 10% down, fixed-rate, long-term loan designed to expand capital access, filling a market gap in long-term

More information

An Introduction to the SBA 7(a) and 504 Loan Programs

An Introduction to the SBA 7(a) and 504 Loan Programs An Introduction to the SBA 7(a) and 504 Loan Programs Edward W. Ahart, Esq. Thomas L. Hofstetter, Esq. 220 Park Avenue Florham Park, NJ 07932 (973) 539-1000 Partner at Schenck Price Smith & King, LLC in

More information

SMALL BUSINESS LENDING OPPORTUNITIES FOR CREDIT UNIONS

SMALL BUSINESS LENDING OPPORTUNITIES FOR CREDIT UNIONS SMALL BUSINESS LENDING OPPORTUNITIES FOR CREDIT UNIONS February 14, 2012 Terrence K. McHugh President Commercial Alliance 1 Business Lending in Credit Unions 1998 regulation limits business lending in

More information

Q&A for Small Business Owners

Q&A for Small Business Owners Q&A for Small Business Owners What did the Obama Administration announce today? The Treasury Department will commit up to $15 billion to help unlock the secondary markets for small business loans. By purchasing

More information

Financial Resources Available to Poultry Producers

Financial Resources Available to Poultry Producers Financial Resources Available to Poultry Producers 2015 MN TURKEY GROWER S ANNUAL CONFERENCE PAULINE VAN NURDEN AG BUSINESS MANAGEMENT EDUCATOR 1 COLLABORATION IS KEY Work with your team to develop a plan

More information

GREEN BUSINESS LOAN PROGRAM Application & Information

GREEN BUSINESS LOAN PROGRAM Application & Information East Providence Special Waterfront Development District Small Business Administration GREEN BUSINESS LOAN PROGRAM Application & Information WATERFRONT DISTRICT/SBA GREEN LOAN PROGRAM Waterfront District

More information

I m Bob Erwin and I m narrating this presentation by Ray Gibeau of the US Small Business Administration.

I m Bob Erwin and I m narrating this presentation by Ray Gibeau of the US Small Business Administration. Hi, welcome to this 9 th session of Export U. I m Bob Erwin and I m narrating this presentation by Ray Gibeau of the US Small Business Administration. 1 We have already explored several other pieces of

More information

VISION INCREASING OPPORTUNITIES FOR ALL SMALL BUSINESSES TO SUCCEED

VISION INCREASING OPPORTUNITIES FOR ALL SMALL BUSINESSES TO SUCCEED VISION INCREASING OPPORTUNITIES FOR ALL SMALL BUSINESSES TO SUCCEED SBA FINANCIAL ASSISTANCE An SBA guaranty is designed to help small businesses get access to reasonable credit from commercial lenders.

More information

After I ve taken out a loan through SmartBiz, how do I access my SmartBiz account?

After I ve taken out a loan through SmartBiz, how do I access my SmartBiz account? Business lending powered by SmartBiz FAQs: What is SmartBiz? What are the SmartBiz benefits I receive as a Sam s Club member? Do I need to be a Sam s Club member to receive the member discount on SmartBiz

More information

Trade Finance and Payment Terms

Trade Finance and Payment Terms Trade Finance and Payment Terms June 22, 2010 11:00 am EDT You should be able to listen to this presentation through the speakers of your computer. A copy of the slides of this presentation will be available

More information

SBA EXPORT WORKING CAPITAL PROGRAM LENDER TRAINING MANUAL

SBA EXPORT WORKING CAPITAL PROGRAM LENDER TRAINING MANUAL SBA EXPORT WORKING CAPITAL PROGRAM LENDER TRAINING MANUAL 1 Effective Date: January 1, 2014 This page has been intentionally left blank 2 Effective Date: January 1, 2014 Table of Contents A. PURPOSE 5

More information

SBA 504 Loan Program FACT SHEET

SBA 504 Loan Program FACT SHEET SBA 504 Loan Program FACT SHEET The Oakland County Business Finance Corporation (OCBFC) was certified under the Small Business Administration's (SBA) Certified Development Company program in September

More information

SBA assists small businesses in three main areas: CAPITAL through our loan programs

SBA assists small businesses in three main areas: CAPITAL through our loan programs SBA assists small businesses in three main areas: CAPITAL through our loan programs CONTRACTS through government contracting certification and business development programs COUNSELING/TRAINING through

More information

Selecting the Mortgage Term: How to Compare the Alternatives

Selecting the Mortgage Term: How to Compare the Alternatives Currently, 15-year mortgages are available at more attractive rates than 30-year terms, but they also entail higher monthly payments. Which is better? A look at the analysis. Selecting the Mortgage Term:

More information

AUDIT OF AN SBA GUARANTEED LOAN TO. [ Exemption 6 ] DBA L & L LEGAL ASSISTANCE. San Francisco, California. Audit Report Number: 7-09

AUDIT OF AN SBA GUARANTEED LOAN TO. [ Exemption 6 ] DBA L & L LEGAL ASSISTANCE. San Francisco, California. Audit Report Number: 7-09 AUDIT OF AN SBA GUARANTEED LOAN TO [ Exemption 6 ] DBA L & L LEGAL ASSISTANCE San Francisco, California Audit Report Number: 7-09 January 9, 2007 U.S. SMALL BUSINESS ADMINISTRATION OFFICE OF INSPECTOR

More information

SCORE. Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW

SCORE. Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW SCORE Counselors to America s Small Business SMALL BUSINESS START-UP FINANCING OVERVIEW One key to a successful business start-up and expansion is your ability to obtain and secure appropriate financing.

More information

BUSINESS AND INDUSTRY (B&I) LOAN GUARANTEE

BUSINESS AND INDUSTRY (B&I) LOAN GUARANTEE Rural Development Business & Cooperative Programs www.rurdev.usda.gov/ma Southern New England State Office 451 West Street, Suite 2 Amherst, MA 01002 Phone: 413-253-4300 Fax: 413-253-4347 Norwich Area

More information

SBA Programs & Services

SBA Programs & Services U.S. Small Business Administration SBA Programs & Services The SBA Advantage Resources and Programs for Success SBA 5 Pillars of Service to Small Business Millions of entrepreneurs use SBA resources and

More information

Why is SBA So Concerned About Debt Refinancing?

Why is SBA So Concerned About Debt Refinancing? welcome Why is SBA So Concerned About Debt Refinancing? Primary reason: credit elsewhere mandate in SBA s legislation No financial assistance shall be extended pursuant to this subsection if the applicant

More information

WHO ARE WE? Experienced commercial lenders, all with many years working for commercial banks

WHO ARE WE? Experienced commercial lenders, all with many years working for commercial banks WHO ARE WE? Experienced commercial lenders, all with many years working for commercial banks Professionals willing to talk to you about a business loan transaction before you ever have to fill out a piece

More information

SSBCI PROGRAM PROFILE: COLLATERAL SUPPORT PROGRAM. May 17, 2011 State Small Business Credit Initiative (SSBCI) U.S. Department of the Treasury

SSBCI PROGRAM PROFILE: COLLATERAL SUPPORT PROGRAM. May 17, 2011 State Small Business Credit Initiative (SSBCI) U.S. Department of the Treasury SSBCI PROGRAM PROFILE: COLLATERAL SUPPORT PROGRAM May 17, 2011 (SSBCI) U.S. Department of the Treasury What is a Collateral Support Program? A Collateral Support Program is designed to enable financing

More information