The Small Business Administration (SBA) provided over $920 million in financing over the last 12 months to small businesses that produce goods and sell them to foreign companies. ?Under the SBA's International Trade Loan Program, companies can receive financing support to expand manufacturing facilities or to buy equipment that will be used to make products for sale abroad. In order to tap into this financing small businesses can either sell directly to foreign buyers or they can work through an intermediary like an export management company which handles international sales. ?
Learn more at the Times Record News.
Read more of Mike's?financial insights and advice?for business owners.
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Source: http://www.openforum.com/articles/sba-helps-finance-1-7-billion-in-small-business-exports
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