SBA Honors Export Lenders of the Year 2016

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The the U.S. Small Business Administration, honored GBC International Bank of Los Angeles as the SBA 2016 Export Lender of the Year, and BanescoUSA, a community bank with headquarters in Coral Gables, Florida as SBA's Export Working Capital Lender of the Year at the 9th Annual SBA Export Lenders' Roundtable (4/8/16).

Last year, SBA guaranteed a record 1,777 loans to small business exporters for $1.45 billion, which supported an estimated $3.3 billion in export sales.  Small businesses account for one third of all U.S. export sales.

Read more:  SBA Administrator Recognizes Export Lenders of the Year