No-cost webinar presented using Microsoft Teams.
EXIM plays the role of guaranteeing an export loan thru your bank or private lender to help secure financing for international sales. A lender receives a loan “guarantee” from EXIM, guaranteeing repayment for a percentage of the loan if the borrower ((i.e., U.S. exporter) defaults. You can use the loan from your bank to pay for the labor, materials, and other inputs required to fulfill export sales. EXIM doesn’t replace your private bank; it simply backs their loan and increases your borrowing power. If you have a need to get financing to fulfill your export order or export project, you can take advantage of this EXIM program.
SPEAKERS
- Aérek N. Stephens | Export Finance Manager, Minority and Women Owned Business & Multiplier Outreach Division, Office of Small Business, Export-Import Bank of the United States
- Yenner Karto | Senior Vice President/Managing Director, Head of Int’l Banking & FX, First National Bank
- Edward A Schick | Export Finance Manager, Office of International Trade, U.S. Small Business Administration
SPONSORS
Questions? Contact sbdc@pitt.edu or 412-648-1542. Funding support and resources are provided by the Commonwealth of Pennsylvania through the Department of Community and Economic Development; through a cooperative agreement with the U.S. Small Business Administration, and through support from the University of Pittsburgh. All services are extended to the public on a non-discriminatory basis. Special arrangements for persons with disabilities can be made by calling (412) 648-1542. All opinions, conclusions, or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. SBDC services are not available to individuals or entities that have been debarred or suspended by the federal government. By agreeing to receive assistance from the SBDC you are self-certifying that you are not currently federally debarred or suspended and also agree to cease using SBDC services if you become federally debarred or suspended in the future.