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After Fisher Williams introduced lenders at West Coast Bank in Lake Oswego, Ore., to the Export Working Capital Program, the bank agreed in 2004 to extend Kwaplah a $250,000 line of credit.
Kwaplah has met all the terms of its loan, Mahn says, and last year asked to increase its credit limit to the full $2 million allowed under the Export Working Capital Program guarantees.
What does the SBA Export Working Capital Program (EWCP) offer?
Second, the Small Business Administration (SBA) (www.sba.gov/oit) offers the Export Working Capital Program (EWCP) that was designed to provide short-term working capital to exporters.
Small businesses receive help applying for SBA and ExIm Bank guaranteed loans through the Export Working Capital Program. ExIm Bank also provides longer term financing and export credit insurance, as well as direct loans or guarantees to overseas buyers.
And we have an Export Working Capital Program to finance each transaction."