SBA SBA Export Assistance & International Trade

Question 1

What is the maximum loan amount available under the SBA Export Express program?

Accepted Answer

$500,000

Answer

$250,000

Answer

$350,000

Answer

$750,000

Question 2

Under the SBA Export Express program, what guarantee percentage does SBA provide for loans exceeding $350,000?

Accepted Answer

75%

Answer

90%

Answer

85%

Answer

80%

Question 3

What is the maximum loan amount under the SBA International Trade Loan (ITL) program?

Accepted Answer

$5 million

Answer

$2 million

Answer

$3.5 million

Answer

$7.5 million

Question 4

The Export Working Capital Program (EWCP) is primarily designed to provide small business exporters with:

Accepted Answer

Short-term working capital to finance export transactions from purchase order through receivables collection

Answer

Long-term fixed asset financing for export equipment

Answer

Grants to offset the cost of entering foreign markets

Answer

Insurance coverage against losses from foreign buyer default

Question 5

Which SBA program awards grants to state and territory governments to help eligible small businesses develop export capabilities?

Accepted Answer

State Trade Expansion Program (STEP)

Answer

Export Express Program

Answer

International Trade Loan (ITL)

Answer

Export Working Capital Program (EWCP)

Question 6

The SBA Export Working Capital Program (EWCP) provides a government guarantee of what percentage on qualifying loans?

Accepted Answer

90%

Answer

75%

Answer

80%

Answer

85%

Question 7

A small business receives a large purchase order from an overseas buyer and needs funding to produce and ship the goods before receiving payment. Which SBA export program best addresses this need?

Accepted Answer

Export Working Capital Program (EWCP)

Answer

SBA 504 Loan Program

Answer

International Trade Loan (ITL)

Answer

SBA Export Express