Another high point of the roundtable was the launch of the U.S. Global Business Solutions pilot program, a cross-agency effort geared toward increased access to finance for SME exporters.
The six federal agencies involved in the program are:
- Export-Import Bank
- U.S. Small Business Administration
- U.S. Department of Agriculture
- U.S. Department of Commerce/International Trade Administration
- U.S. Trade Development Agency; and
- Overseas Private Investment Corporation
GBS is an initiative that bundles trade finance products for lenders and exporters in a collaborative, customer-focused and cost-effective manner. The program will reduce the complexity of trade finance by presenting a streamlined package of financing options to clients, while simultaneously focusing on high-volume products for lenders.
For more information about the 6
Annual SBA Export Lenders Forum, contact
Release Number: 13-15
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SOURCE U.S. Small Business Administration