What are the major financing programs offered by the Small Business Administration?
The SBA finances the short-term and cyclical working capital needs of small businesses and administers business loan programs to help qualified small businesses obtain financing. The major loan programs that the SBA offers are: The Export Working Capital Program (EWCP), which is designed to provide short-term working capital to exporters. The EWCP helps small businesses that not only are currently exporting but also have the potential to export. Export Express, which combines lending and technical assistance to help small businesses that have difficulty in obtaining adequate export financing. The International Trade Loan, which helps small businesses that are engaged or preparing for international trade as well as small businesses adversely affected by competition from imports. Question: What is the difference between the SBA and the Export-Import Bank of the United States? Answer: The SBA provides financial assistance to small businesses, whereas the Ex-Im Bank works with a wider vari
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