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As a small business owner, do you plan to bring your production to the United States? Then the U.S. Small Business Administration’s International Trade Loan (ITL) program can provide you with capital to finance your fixed assets, including real estate, and working capital needs.
The program offers private lenders a 90% guarantee on loans as an incentive to encourage lending to growing small businesses.
You can use the ITL program two ways:
- On-shore to strengthen exports.
- On-shore to counter import competition.
Learn more
here.
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6 comments:
U.S. Small Business Administration’s International Trade Loan is an excellent opportunity for business owners coming outside of America to start their production in US. This program brings good amount of loans to business owners based on their fixed assets like real estate. So, with cash in hand, entrepreneurs can boost their export efforts and meet import competition as well.
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