If you were given a box, and it contained all the tools needed to make your business successful, wouldn’t you open it? At EXIM, we provide the tools that help small businesses flourish in the face of a pandemic, economic downturn, or other market disruptions. Take one minute to see how: Open Sesame.
According to SBA.gov, “more than half of Americans either own or work for a small business, and they create nearly two out of every three new jobs in the U.S. each year.” EXIM supports the economic engine of small businesses with products and programs designed to promote revenue growth through exporting, and people to guide you to success.
EXIM’s Export Credit Insurance product and Working Capital Loan Guarantee program provide small businesses protection against nonpayment by foreign buyers and access to financing to produce goods and services to sell in the global marketplace. EXIM regional officers are stationed throughout the country to educate and inform businesses about exporting, and EXIM’s Minority and Woman-Owned Business (MWOB) team is a dedicated group of specialists that provides hands-on guidance to companies owned by minorities, women, veterans, and people with disabilities.
During our presentations we stress that “small business is our business.” In fact, last year almost 89 percent of EXIM transactions were with small businesses as defined by the SBA table of size standards. Company size and the size of the transaction do not matter. Hey, even Apple was once two guys in a garage.
Interested in exporting but don’t have a buyer? The U.S. Commercial Service has a host of resources to help you evaluate markets and meet potential buyers. Need money to expand domestic operations and facilities? Check out the SBA page entitled "Get more Funding." Got an inquiry from an international prospect? Call EXIM and request your free consultation today.