Export Lending Part III: The Export Express Loan Program | Webinar

Not every one needs millions of dollars to export. Many small businesses only need the thousands. The challenge to lenders is how to make the small loans profitable. Export Express is a low touch program that allows a bank to use the banks forms and under writing. Credit scoring is allowed. The loan can be a low service line of credit to support working capital or a term loan to support financing of fixed assets. Dial in and learn how to use this product.

Course Description
The SBA Export Express Program provides exporters and lenders a streamlined method to obtain SBA-backed financing for loans and lines of credit up to $500,000. Lenders use their own credit decision process and loan documentation; SBA provides an expedited eligibility review and provides a response within 24 hours. It is generally subject to the same loan processing, making, closing, servicing, and liquidation requirements as well as the same maturity terms, interest rates, and applicable fees as the SBA Express Loan program. Dan will discuss how to become an Express lender, make and service Export Express loans as well as the differences between the Export Express requirements and other SBA loan program requirements.

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