Is the SBA's EWCP the same as Ex-Im Bank's Export Working Capital Guarantee (EWCG) program?
This means the lender can use the SBA's EWCP to enhance its Ex-Im Bank guaranteed line.
Many lenders already use the SBA's EWCP for their business banking customers and then switch to Ex-Im Bank services when customers' business expands and internal financing requirements are greater than the SBA's loan guarantee authority.
can help small businesses obtain working capital loans to finance their export sales and to encourage lenders to "bank" these export transactions by significantly reducing the associated risk through an SBA-guaranteed private-sector loan.
is intended to provide integrated management of the available countermeasures assets, including active radar jamming, electronic support measure receivers and active and passive decoys, as well as an automatic strategy planning capability.
SBA guarantees EWCP loan requests of $1,111,111 or less while loan requests over $1,111,111 may be processed through the Export-Import Bank.
While the EWCP is designed to help secure working capital to acquire inventory or build a product for export, it is noteworthy that Export Express loan proceeds may be used for most business purposes, including market development activity such as participation in a foreign trade mission.