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SBA Export Express Loan Program

Streamlined financing up to $500,000

SBA Export Express offers flexibility and ease of use to borrowers. It is the simplest export loan product offered by the SBA and allows GBC International Bank, a preferred lender (PLP) of SBA Export Express program, to use our own forms, procedures and analyses.

 

Eligibility

 Any business that has been in operation, although not necessarily in exporting, for at least 12 full months and can demonstrate that the loan proceeds will support its export activity is eligible for Export Express.

 

Use of Loan Proceeds

 Loan proceeds may be used for business purposes that will enhance a company’s export development. Export Express can take the form of a term loan or a revolving line of credit. As an example, proceeds can be used to fund participation in a foreign trade show, finance standby letters of credit, translate product literature for use in foreign markets, finance specific export orders, as well as to finance expansions, equipment purchases, and inventory or real estate acquisitions.

 

How do I apply?

 Interested businesses should contact GBC International Bank. We use our own application material in addition to SBA’s Borrower Information Form. Upon approval of the request, we will submit the information to SBA for a guaranty of up to 90% if the loan amount is $350,000 or less, or 75% if the loan amount is from $350,001 to $500,000.  Since GBC is one of the preferred lenders of SBA Export Express Program, SBA will simply provide an Authorization Number to GBC International Bank once we submit the required information to SBA via web portal online.  

 

We have branches in California and Washington States to serve your financial needs.

For detail of the SBA Export Express Loan programs, please call to talk to one of our loan officers in Marketing / Lending Team.  For forms to apply for SBA Export Express Loan, please click here.

 

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