Monday, March 08, 2010

News of Interest: U.S. $6 billion a Year in Export Financing for Small Businesses

For those already running a global small business or thinking about taking a business international, Commerce Secretary Gary Locke pledged U.S. $6 billion a year in export financing for U.S.A. small businesses through the Export-Import Bank of the United States.

What does this mean for you and your business? If you haven't looked overseas to build sales for your business, you should now.

The National Export Initiative is focused on three key areas:
1. A more robust effort by this administration to expand its trade advocacy in all its forms, especially for small- and medium-sized enterprises. This effort includes educating U.S. companies about opportunities overseas, directly connecting them with new customers and advocating more forcefully for their interests.

2. Improving access to credit with a focus on small- and medium-sized businesses that want to export.

3. Continuing the rigorous enforcement of international trade laws to help remove barriers that prevent U.S. companies from getting free and fair access to foreign markets.
As Commerce Secretary Gary Locke says:
“Increasing the export of American products and services to global markets can help revive the fortunes of U.S. companies, spur future economic growth and support jobs here at home."
Discover how you can put the world in your hands and use the power of the U.S. government to increase your export sales here.

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