SBA-EWCP

The Export Working Captial Program (EWCP)

Supporting Export Sales

Don't miss sales opportunities in foreign markets due to a lack of capital.  The Export Working Capital Program (EWCP) offers a 90% guaranty from the Small Business Administration to your bank on loans to your business for export sales.  Here are some important features:

• Maximum loan size for a 90% guaranty is $2,000,000.00
• The EWCP is transaction/purchase order financing and can be for single transactions as well as revolving lines of credit.
• Indirect exports are eligible (Sales to customers in the US which are later exported).
• The EWCP helps your bank increase your financing to cover your cost of foreign contracts and to lend against letters of credit and foreign receivables.  Repayment is through the collection of foreign accounts receivable.
• The guaranty fee is .25% of the guaranteed amount ($675 on a $300,000 loan).
• The loan can be used to support stand-by letters of credit when required as performance bonds.
• Pre-export financing covers your costs up-front (labor, material, overhead, or the purchase of goods or services).
• Post-export financing gets you through the payment cycle and allows you to be more competitive by offering terms of payment to your foreign customers.

Click here to view the Info Sheet for EWCP

Click here to e-mail John Nevell, Regional Manager, International Trade Programs, U.S. Export Assistance Center - Chicago