10.31.07

I need to finance more inventory for an export order that I have. Are there any financing resources?

Posted in Finance at 10:31 pm by Administrator

For US exporters there is one excellent product: the working capital loans of the US Export-Import Bank. The program allows existing small and medium sized businesses to finance 75% of the inventory and 95% of the accounts receivable. You would work through your local banker or other banks that deal with EXIM Bank products. As usual there are various restrictions but for many businesses this is a great and inexpensive way to finance inventory or accounts receivable. See the US Export-Import Bank web site for more information on this topic: http://www.exim.gov/smallbiz/work_cap.html

In addition, more and more commercial banks are providing this service. Let me know and I’ll post the information.

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