SBA Export Working Capital

• Allows utilization of foreign accounts receivable typically excluded from traditional products
• Loan maturities are generally for 12 to 36 months
• Financing for products, inventory or production of direct or indirect export goods
• Contributes to the growth of export sales
• Financing for standby letters of credit used as bid or performance bonds or down payment guarantees
• Financing for accounts receivable from foreign buyer
• Drop shipping may be eligible. Products may be produced outside of the USA and shipped directly to the end user

• Ask an SBA Banker about fees associated with SBA loans and lines of credit

• Borrow up to $5 million

• Advance rates up to 90% on purchase orders, documentary letters of credit and eligible foreign account receivable
• Advance rates up to 75% on eligible inventory located within the U.S.

The SBA Export Working Capital product allows a borrower access to their foreign accounts receivable, which are typically removed from most standard lines of credit.

This product is a 12-month interest-only revolving line of credit, for asset-based lines and up to 36 months for purchase order-based lines.

In addition to a complete loan submission package, a borrower will need to provide their aging reports (accounts receivable, accounts payable and inventory) for asset-based lines and purchase orders for a purchase order-based line.