SBA International Trade loan
SBA International Trade loans can be utilized by the business to facilitate international trade operations or to assist in expansion or development that will allow for international trade.
SBA International Trade loan at a glance
Why an International Trade loan?
An International Trade loan assists small businesses in the development or expansion of export markets.
SBA International Trade loan details
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- Longer terms and amortization allowing for lower monthly obligations
- Opportunity to start or expand export operations
- Eligible use of proceeds:
- Acquire or improve facilities and equipment
- Working capital
- Eligible debt refinance
- Business acquisition with 100% change of ownership
- Can help improve the business’s competitive position by:
- Expanding existing export markets or developing new export markets; or
- Assisting businesses adversely affected by import competition
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- Maximum of $5 million
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- Maximum term of 25 years dependent on the use of the funds
Small business resources
SBA International Trade loan FAQ
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An SBA International Trade loan is a 7a term loan designed to help companies expand and grow their export business.
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International Trade loans are structured very similarly to a standard SBA 7a loan, with the same eligible terms based on the assets being purchased.
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Borrowers will be required to provide a full loan submission package, in addition to a business plan detailing their current and future export business.
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