All presentations offered at the August 12th, International Trade Solution Seminar in Fort Myers, FL. Presentations included:
Exporting and the SBDC - Kevin Brady
"The World is Open for Your Business" - Dan Bjerk
"Financial Support for US Exports" - Elena Mendez
"SBA Financing Options" - Charles Long
"EFI Trade Development Program" - Stephanie Pavolini
"Private Sector Liaison Officer World Bank" - Max Stewart
All Presentations: International Trade Solution Seminar, August 12, 2014
1. Lee County International Trade
Solution Seminar
Presentations from August 12
Seminar in Fort Myers
2. Exporting & the SBDC Exporting &
the SBDCDiversify and expand your business with export
Presented by: Kevin Brady, International Trade Consultant
Small Business Development Center, Florida Gulf Coast University
Diversify and expand your business with export
Presented by: Kevin Brady, International Trade Consultant
Small Business Development Center, Florida Gulf Coast University
Exporting & the SBDC
3. Kevin Brady, International Trade Consultant
• Covering Lee, Collier, Charlotte, Glades, Hendry counties
• Providing no-cost one-on-one consultation regarding international business
Expertise and Experience
International Sales and Marketing*** Brand Development*** Strategic Supplier
Development*** Global Freight Forwarding and Logistics*** Export Market
Development*** Import/Export Operations*** Strategic Planning*** Foreign
Procurement*** Global Customs*** International Operations***
FSBDC at Florida Gulf Coast University
Lutgert College of Business
10501 FGCU Blvd. S.
Fort Myers, FL 33965
239-745-3712
504-338-9477
kbrady@fgcu.edu
4. SBDC at Florida Gulf Coast University
FSBDC at Florida Gulf Coast University
Lutgert College of Business
10501 FGCU Blvd. S.
Fort Myers, FL 33965
239-745-3712
504-338-9477
kbrady@fgcu.edu
Mission Statement
• We are a customer driven organization of business professionals, dedicated to helping small businesses succeed by
enthusiastically providing creative solutions which exceed customer, employee, and stakeholder expectations.
Consulting
• The SBDC at FGCU employs 20+ Certified Business Analysts who provide free, confidential and one-on-one consulting,
information, and guidance to small business owners. Certified Business Analysts from the SBDC are available to meet with
potential and existing small business owners at multiple locations in Southwest Florida.
Training
• The SBDC at FGCU sponsors more than 120 programs each year. These programs include a series of affordable business
startup workshops, management seminars, as well as select special events for start-up and existing small businesses.
7. Why Go Global?
• Business to Other Markets: 95% of the world’s population is
outside of the United States
• Avoid Changes in U.S. Economy: Extend product life cycles,
access seasonal sales, avoid domestic regulations or concerns
• Lower the Company Cost Structure: Improve competitiveness
in marketplace, importation of goods/materials, foreign
manufacturing facility
8. Exports from Florida
• International trade proved, once again, to be one of the state’s strongest sectors in 2013,
even with the economic challenges that affected global trade.
• Total merchandise trade (exports plus imports) reached $158.4 billion – the second-highest
level ever recorded – as total trade fell by -2.3% in 2013. Merchandise exports (goods that
are shipped from and through Florida) were down by -5.4% and imports gained 1.6%.
• As expected, the same activity that drove trade up over the last few years – imports of gold
from Latin America/Mexico and exports of that gold to Switzerland – accounted for virtually
all of the decline. Gold prices hit a high of $1,895 per ounce in September of 2011 and
dropped precipitously throughout 2013.
• Florida exports felt the impact, falling by $4.9 billion, as exports to Switzerland alone fell by
$4.8 billion.
9. Florida Export by the Numbers
Total # of Exporters
• California 75,028
• Florida 60,147
• New York 41,216
• Texas 40,056
• Illinois 22,855
• More than 96 percent of Florida exporters are small and medium-sized enterprises (SMEs) with 500 or
• fewer employees.
• Small and medium-sized companies accounted for 68 percent of Florida exports in 2013. This is the
• highest figure among the 50 states and is much higher than the U.S. average of 33 percent.
• According to the Florida Chamber of Commerce’s “Florida Trade and Logistics Study 2.0:”
─ More than half a million Floridians hold jobs in trade and logistics industries.
─ Jobs in Florida’s trade and logistics industries pay 30 percent higher wages than average.
• ─ Roughly 1 in 7 Florida manufacturing jobs depend on exports.
10. Florida Merchandise Exports 2013
MILLIONS OF USD % CHANGE % CHANGE
RANK COUNTRY 2011 2012 2013 2011-2012 2012-2013
TOTAL ALL COUNTRIES 86,753.10 90,360.30 85,460.40 4.2 -5.4
1 BRAZIL 15,825.30 15,782.10 16,219.30 -0.03 2.80
2 COLOMBIA 5,276.10 5,817.00 6,027.10 10.30 3.60
3 VENEZUELA 5,751.90 6,671.40 4,519.60 16 -32.3
4 CHILE 3,921.70 4,281.00 3,727.60 9.2 -12.9
5 ARGENTINA 3,316.90 3,276.90 3,395.60 -1.2 3.6
6 SWITZERLAND 7,247.80 8,171.90 3,378.00 12.8 -58.7
7 SAUDI ARABIA 2,637.90 3,405.80 3,239.50 29.1 -4.9
8 UNITED ARAB EMIRATES 1,529.60 2,351.40 3,148.20 53.7 33.9
9 DOMINICAN REPUBLIC 3,237.20 3,065.40 2,953.00 -5.3 -3.7
10 PERU 2,508.20 2,796.00 2,832.50 11.5 1.3
11. FL. Export Categories
HS
MILLIONS OF
USD % CHANGE
RANK CODE 2011 2012 2013 2012-2013
TOTAL EXPORTS COMMODITY 86,753.10 90,360.30 85,460.40 -5.4
1 8703 Motor cars & vehicles for transporting persons 5,919.30 7,333.70 7,657.80 4.4
2 8800 Civilian aircraft, engines, and parts 6,325.10 7,009.30 6,625.40 -5.5
3 8517 Electric apparatus for line telephony, parts 4,442.40 5,142.30 5,682.60 10.5
4 7108 Gold, unwrought, semimanufactured 547.20 7,931.30 4,878.90 -38.5
5 8471 Automatic data process machines, magnetic readers 4,219.50 4,563.30 4,153.00 -9
6 3105 Mineral or chemical fertilizers 2,829.90 2,258.00 1,947.20 -13.8
7 8542 Electronic integrated circuits & microassembly 1,743.10 1,734.00 1,811.30 4.5
8 9018 Medical, surgical, dental or veterinary instruments 1,767.20 1,713.30 1,806.70 5.5
9 3004 Medicaments, mixed or not, in dosage form 1,173.90 1,389.50 1,400.90 0.8
10 8473 Parts for office machines, copiers 1,802.00 1,629.40 1,335.40 -18
12. Is Your Company Ready?
4 Key Indicators and Conditions
• Managerial Understanding and Commitment
• Ability to Produce International Products
• Adequate Cash Flow
• Significant Experience with Products or Services
14. The World is Open
for Your Business
Let the U.S. Commercial Service
connect you to a world of
opportunity.
15. 100+ offices in the USA120+ offices in ›75 countries›95% of the world marketplace›70% world’s purchasing powerGlobal network of 1,400 specialists
16. The U.S. Commercial Service generates:
$135 in sales
per $1 in federal taxes spent
Results?
17. So, Why Export?
• Increase Sales - Reach 95% of Your Market
• Make Use of Excess Production (+ Profits)
• Ride Out Economic Cycles
• Balance Seasons for Your Products
• Improve Your Products
• Extend the Life of Your Products
• Compete with Your Global Competitors
19. • Senior Management Must Be On Board!
• Senior Management MUST BE ON BOARD!!
• Senior Management MUST BE ON BOARD!!!
Assemble Your Team - Management
Prepare for Success…
20. • Do you have the excess capacity?
• Must you modify the product?
• Can you meet technical and quality standards and
certifications?
• Warranties.
• Repairs & Servicing.
• Technical Support.
Assemble Your Team - Production
Prepare for Success…
21. • Can you ship internationally and be competitive?
• International shipping requirements
• Export Compliance
• Identify a good international freight forwarder for
your team.
Assemble Your Team - Logistics
Prepare for Success…
22. • You Need a Budget for International
• What About Getting Paid: foreign currencies, terms, etc.
• Financing: cash flow, loans (buyer, PO, WC, inventory, et. al.),
AR insurance, etc.
• Include on your team:
– A bank with international services.
– Export-Import Bank of the U.S.
– Small Business Administration
– Florida Export Finance Corporation
Assemble Your Team - Finance
Prepare for Success…
23. • International Agreements
• International Patents, Trademarks, and Copyrights
• Export Control
• Identify existing staff or find outside expertise to put on your
team.
Assemble Your Team - Legal
Prepare for Success…
24. • Research your markets
• Train staff on international marketing, cross cultural
communications.
• Include on your team:
– SBDC
– Universities
– Enterprise Florida
– U.S. Commercial Service
Assemble Your Team - Marketing & Sales
Prepare for Success…
25. Now…You Have Assembled Your Team
Senior
Management
Production Logistics Legal Finance
Marketing
& Sales
Outside
Experts
√
√
√ √ √
√
√
Prepare for Success…
26. • Data Base Searches
• Contact Lists
• International Partner Search (IPS)
– You complete a questionnaire.
– We have a conference call.
– Our industry specialist generates a list of prospects and makes contact
– You receive a short list of prospects interested in talking to you.
– It’s up to you to continue the dialog.
• Gold Key Service (GKS)
– IPS plus setting of appointments
Identify Channel Partners.
27. • Trade Journals, Magazines, ExportUSA
• Single Company Promotion (SCP)
• Trade Shows
– In the USA – International Buyer Program.
– Abroad – Certified Trade Fair Program
Advertising and Promotion
28. • a clearing house, a help desk, a Wiki for international
business solutions.
• an extension of your international business development
staff.
Think of us as…
29. Contact us today
to connect with a world of opportunity.
Dan Bjerk, Sr. International Trade Specialist
Tel: (727) 464-7347
Email: Dan.Bjerk@trade.gov
export.gov | 800.USA.TRADE
30. Financial Support for U.S. Exports:
Small Business Exporter Programs
Export-Import Bank of the United States
Lee County EDO, Fort Myers, FL
August 12, 2014
31. What is Ex-Im Bank?
Our Mission – To create and sustain U.S. jobs by
increasing U.S. exports
– Official Export Credit Agency (ECA) of the U.S.
Government since 1934
– 89% of all transactions are to small businesses
– Target 20% of all US$ authorizations to small
businesses
– Self-sustaining agency – returned $1+ billion
to the U.S. Treasury & U.S. taxpayers
33. Prestigious Recognitions given to Ex-Im Bank:
Trade Finance Magazine Awards for Excellence:
• “Best Global ECA” (Export Credit Agency) – 2012 & 2013
• and
• “Best ECA in the Americas” - 2010, 2011, 2012, & 2013
Trade and Forfaiting Review (TFR)
• “World's Best Export Credit Agency" award - 2013
“Bright Ideas in Government” Award, Harvard
• University’s John F. Kennedy School of Government:
• Express Insurance Policy (Sept. 2012)
34. Ex-Im Credit & Finance Makes a Difference!
– Minimizes exporter’s risk
– Strengthens U.S. competitiveness
– Supplements commercial financing
35. New Exporters’ Concerns
– Should I enter that new overseas market?
– When and how will I get paid by the buyer?
– How will I get cash to make the product?
– I made the big sale, but will my buyer be able
to obtain financing?
36. Ex-Im Supports a Diverse Variety of Industries
– Manufacturing
– Construction
– Medical
– Mining
– Power Generation
– Aircraft and
Avionics
– Renewable Energy
– Agribusiness
– Wholesale/Retail
– Oil and Gas
– Services (engineering,
legal, consulting, etc.)
37. • Programs are open in over 180 Countries…
Country Limitation Schedule
(“CLS”):
This schedule lists every country in alphabetical
order, with public- and private-sector risk
classifications, each by tenors ranging from under
1 year, 1-7, and over 7 years.
An “X” indicates CLOSED for Ex-Im programs.
Link:
http://www.exim.gov/tools/countrylimitationschedule/
38. Requirements and Restrictions
• To be eligible for Ex-Im Bank's insurance and financing products, your
business, its exports and your foreign customers must meet certain
requirements:
Goods and services must be exported from the United States
Exports must have 50+% U.S. content (85% medium-term)
Export destinations must not be restricted countries
No Military or Defense-related products or obligors (exceptions apply)
http://www.exim.gov/smallbusiness/policies/Requirements-and-Restrictions.cfm
39. Other Restrictions
Economic Impact
• http://www.exim.gov/generalbankpolicies/economici
mpact/
Shipping
• http://www.exim.gov/generalbankpolicies/us-flag-
shipping-requirements.cfm
Additionality
• Why is Ex-Im Bank’s Guarantee Required? --“Additionality”: “Additionality” is a statutory-
based test used to determine whether an Ex-Im Bank Guarantee is necessary to facilitate the
financing of an export sale. Specifically‚ Congress instructed Ex-Im Bank to provide guarantee
support to otherwise creditworthy Borrowers when support from the private sector is not
available and when the exports to be supported would not otherwise go forward.
40. Eligibility Requirements
• U.S. Exporters must :
• be in business (operating) at least three years, exporting one
year (unless otherwise noted)
• have financial statements or tax returns, and
• have a DUNS (D&B) number
• Exported Products / Services must be, for Short-Term products (Global Credit
Express, Working capital and ST insurance) :
• 50-plus% U.S. content, including labor, excluding mark-up (cost
basis)
• Exported Products / Services must be, for Medium-Term products ( MT Insurance
and Guarantees) :
• 85-plus% U.S. content, including labor, excluding mark-up (cost
basis) for full support of the transaction
41. Trade Terms as a Spectrum of Risk
•Seller Risk Trade Terms Buyer Risk
•
High Low
•
• Low High
Open Account
Cash Against Documents and other
Documentary Collections
Usance / Deferred Letters of Credit
Sight Letters of Credit
Payment in Advance
42. Working Capital Guarantee
on Exporter Loans
Medium and Long Term
Insurance & Guarantees on
Buyer Loans
Pre-Export Post-Export
Exporter Supply Chain
Export Credit Insurance on
Buyer Credit
43. Working Capital Guarantee
Assists small and mid-size companies in obtaining
working capital to produce or purchase US goods
and services for export
Provides a 90% guarantee of repayment (principal
and interest) on loans to exporters
May be set up as “Transaction-Specific” or a
“Revolving” Line of Credit
No minimum or maximum amounts
Loan supports advances made against export-
related inventory (including WIP) and foreign
receivables:
Up to 75% advance rate on inventory, and up to 90% on
foreign receivables
44. Working Capital Guarantee
Asset-Based: fully collateralized
Personal guarantees are required of owner(s)
Cost:
$100 application fee
Up to 1.75% facility fee – Reduced fee if:
Exports sales structured under L/Cs and/or secured
by export credit insurance; exporter’s financial ratios
are within its industry median
A lower fee may be negotiated with a “Delegated
Authority” Lender (see list on www.exim.gov)
Interest rate is determined by the lender
46. Ex-Im Bank Programs supporting the
National Export Initiative (NEI):
• Global Credit Express: (pilot program)
• Direct loan from Ex-Im Bank up to $500,000
• No monthly borrowing base for A/Rs or inventory
• Exporter needs a “referring originator” to complete
loan package
• Express Insurance : For new exporters :
• Easy qualify, fast turn-around
• No standard set-up fee; pay as you ship
• No first loss deductible
• Up to 20 foreign buyers
47. Global Credit Express (GCE):
A Pilot Program
• A direct loan from Ex-Im Bank to an exporter for
pre-export working capital:
• Maximum loan amount $500,000
• Tenor of 6 OR 12 months
• To qualify:
• FICO SBSS score of at least 170
• In business 3 years, exporting for 1 year
• Ex-Im Bank U.S. content requirements apply
48. Global Credit Express (GCE)
•Benefits to exporter:
• * Provides pre-export working capital
• * Streamlined processing
• * Quick turnaround on applications
• * Fixed-rate financing
• * No borrowing base or reporting
requirements
• * Option to renew at end of initial loan term
49. Short-Term Export Credit Insurance (ECI)
• Benefits:
•RISK PROTECTION: Protects US exporters
against non-payment by foreign buyers due to
Commercial Risks & Political Risks (see next slide)
•MARKETING TOOL: Allows exporters to offer
competitive credit terms to foreign buyers
Generally up to 180 days, some products may
qualify for 360 day terms
•FINANCING AID: obtain additional financing
Insured foreign receivables may be added to your
borrowing base by assignment of policy proceeds
(claim payments) to lender
50. Risks Covered
•Commercial Risks
Insolvency
Bankruptcy
Protracted default
Political Risks
Transfer risk
War, revolution,
insurrection, expropriation
Cancellation of an import
or export license
51. Short-Term Export Credit Insurance
• Policies for Small Business*:
–Express Insurance
• 95 % cover, no deductible, pay-as-you-go, Ex-Im Bank
obtains and reviews all credit info on buyers, maximum of
20 buyers
–Multi-Buyer
• 95 % cover, no deductible, pay-as-you-go, some buyer
approval authority may be given to exporter
–Single-Buyer
• 90% cover, no deductible
* SBA definition
52. Small Business Express Insurance: Eligibility
• In addition to “small business”
eligibility definition:
–20 buyers or less (on credit terms)
–Not currently insured by Ex-Im
Bank or any private sector insurer
for foreign accounts receivable
53. Small Business Express Insurance:
Key Features
• 95% coverage for non-payment due to commercial
insolvency/bankruptcy/default) and political (war,
revolution, “transfer risk”) risks
• No deductible! No application fee!
• Ex-Im Bank pre-approves all credit limits requested
and obtains credit information on your buyers at no
additional cost to you
• No minimum sales volume or premium… pay only on
the gross invoice value of what you ship, when you
ship!
54. Small Business Express Insurance: Rates
– Rates are charged according to the length of
the credit term you extend and the buyer type:
for a sale to a private sector buyer on terms up
to 60 days open account - $0.65 per $100. of
the gross invoice value…
…on a $25,000 sale, that’s only $162.50 in
premium!
– AND… if you use insurance with a working
capital guarantee from either Ex-Im Bank OR
the SBA, you get a 25% rate reduction on your
premiums!
55. Small Business Multi-Buyer Policy
Coverage: 95% commercial and 95% political
Exporter must qualify as “small business”
by SBA definition, and
No more than $7.5 million in export credit sales over the past 2 years
In same line of business for at least 3 years
(No material adverse issues)
Must insure ALL export credit sales
(L/C, CIA, CAD, SDDP, and Canadian sales may excluded)
No deductible, no application fee, no advance premium required, “pay-
as-you-ship,” no minimum premium requirement
Buyer credit limits endorsed to policy (requires minimal pre-approvals
by Ex-Im Bank)
56. Standard Multi-Buyer Policy
•For experienced exporters with over 500 employees and /or $7.5mm
in annual export credit sales
•Must insure ALL export credit sales (L/C, CIA, CAD, SDDP and
Canadian sales may be excluded)
On a case-by-case basis, exporter may request to exclude
certain countries and/or buyers (“Reasonable Spread of Risk”)
Coverage:
95% for both commercial and political risks
No minimum premium, “pay-as-you-ship”
Buyer credit limits endorsed to policy (requires minimal pre-
approvals by Ex-Im Bank)
57. Short-Term Single-Buyer Insurance Policy
Buyer-specific policy
Insures a single sale or multiple sales to one buyer
90% coverage, both commercial and political;
98% for bulk agricultural transactions
95% for letter of credit transaction
Maximum policy period: 1 year
No deductible, No application fee
Premium based on country, type of buyer, and length of credit
term extended (see rates on www.exim.gov)
Charged on sales volume (not credit limit)
“Pay-After-You-Ship” Premiums
Reduced $500 minimum premium for “small business” exporters
($2,500 minimum premium for non-small business)
58. Medium- & Long-Term Buyer Finance
at Competitive Terms
• For international buyers purchasing U.S.
capital goods (and related services):
85% financed, min. 15% cash down
payment
Medium-term:
Repayment tenors typically up to 5-7 years;
and amounts up to $10 million
Long-term:
Greater than 7 years and over $10 million
59. Medium-Term Financing
• Generally used for buyer financing of capital
equipment:
– 85% financed, 15% cash down payment
– Repayment up to 5 years, exceptionally 7 years
– Amounts of $10 million or less
• Financing can be accomplished through the
following Ex-Im products:
– Lender guarantees
– Credit Insurance
– Direct Loans (few)
60. Long-Term Financing
• Generally used for buyer financing of very large
items (aircraft) and project finance:
– Over 7 year repayment or over $10 million
– 15% down payment: 85% financed amount
• Financing can be accomplished through the
following Ex-Im Bank products:
– Lender guarantees
– Direct Loans
61. Call Ex-Im Bank if you…
• ….export routinely but your growth in foreign sales is limited because of
fears of non-payment
• …are losing export opportunities because you will only accept a L/C or
cash prepayment (cash in advance)
• ….can’t find a lender to finance your overseas purchase orders
• … are encountering cash flow problems due to increased foreign sales
• …couldn’t get your lender to confirm a L/C from your buyer’s bank
• …have a foreign buyer that wants credit terms
• …have a buyer that needs several years to pay for capital goods/
equipment
62. Useful Links – Ex-Im Bank Website
• Home Page: http://www.exim.gov/
• Small Business: http://www.exim.gov/smallbusiness/
• Small Business Insurance: http://www.exim.gov/products/exportcreditinsurance/smallbusinessinsurance/
• Express Insurance: http://www.exim.gov/products/exportcreditinsurance/express-insurance.cfm
• Global Credit Express (GCE): http://www.exim.gov/products/global-credit-express.cfm
• Working Capital Guarantee: http://www.exim.gov/products/workingcapital/
• Tools for Foreign Buyers: http://www.exim.gov/tools/for-buyers.cfm
• Ex-Im Online (EOL): http://www.exim.gov/tools/onlineservices/ex-im-online.cfm
• Country Limitation Schedule (CLS): http://www.exim.gov/tools/countrylimitationschedule/index.cfm
• Brokers’ List: http://www.exim.gov/about/whoweare/partners/insurance-
brokers.cfm
• Strategic Partners: http://www.exim.gov/about/whoweare/partners/
• Brochures/Literature: http://www.exim.gov/about/library/brochures/
63. Ex-Im Eastern Regional Office
Eastern Region Export Finance Center
5835 Blue Lagoon Drive, Suite 203
Miami, FL 33126
Tel: (305) 526-7436
Fax: (305) 526-7435
- - - - - - - - - - - - - --
Elena Méndez
Regional Director, Eastern Region
(FL, MS, PR, USVI)
(305) 526-7436, Ext. 19
elena.mendez@exim.gov
65. SBA Loan Programs for Exporters
• Export Working Capital Program
• Export Express
• International Trade Loan
Loan Types
66. Export Working Capital Loan
Features
• 90% Guaranty
• $4.5 Million – maximum SBA guaranty
• $5.0 Million – maximum loan amount
• Finance Single Sale or Revolving LOC
• No restrictions regarding U.S. Content or Military Sales!
• Quick Turnaround Time
67. Export Working Capital Loan
Eligibility
• Company Meets SBA Size Standards
• Based on NAICS (North American Industry Classification System)
•Average # of Employees over past 12 months or average
receipts over past 3 years
• Manufacturing: Under 500 Employees
• In Business for 12 Months or Proven Expertise
•Product is Titled and Shipped from U.S.
68. Export Working Capital Program
• Applicants who produce products or services that enter
the export channel, but do not export their products are
eligible for EWCP financing.
Example:
• Manufacturers using an Export Trading Company
• Suppliers to other domestic manufacturers
• Requires certification from domestic customer that
goods are exported.
Indirect Exports
69. Export Working Capital Loan
Use of Proceeds
• Provide Working Capital for Export Orders or Contracts
• Finance Export Receivables and Inventory
• Support Standby Letters of Credit Used as Bid Bonds or
Performance Bonds
• Purchase goods or service to export
70. Export Working Capital Loan
Collateral
• Self-liquidating loan
• First lien on all assets being financed
• Personal guarantees of all owners of 20% or more
• Other collateral on a case-by-case basis
71. Export Express
Features
• Term loans and Lines of Credit up to $500,000.
• Banks currently authorized under the SBAExpress program
are automatically approved for Export Express.
• Approved banks make their own credit decision, use their
own forms and receive a 90% guaranty on loans up to
$350,000; 75% on loans up to $500,000.
72. Export Express
Eligibility
• Applicant in business for at least 12 months (not necessarily
in exporting)
• Loan proceeds must be used to develop or expand their
export markets
• Applicant is not selling in a prohibited country
• Proceeds are not financing offshore operations
73. Export Express
Use of Proceeds
• Transaction-specific financing of export deals, including
stand-by letters of credit
• General lines of credit for export purposes
• Export development activities such as brochure translation
or participation in a trade mission
• Term loans for permanent working capital, machinery and
equipment, or real estate
74. International Trade Loan
Features
• Designed to benefit a small business that is expanding
through exports or is adversely affected by imports
• 90% Guaranty
• $4.5 Million – maximum SBA guaranty
• $5.0 Million – maximum loan amount
•Can combine long-term capital to finance fixed assets with
export working capital (EWCP)
75. International Trade Loan
Eligibility
• Proceeds will expand export markets or develop new ones.
• Business is confronting increased competition with foreign
firms in the relevant market and is injured by such
competition.
76. International Trade Loan
Use of Proceeds
• Proceeds can be used to acquire, construct, renovate,
modernize, improve or expand facilities and equipment to be
used in the U.S. to produce goods or services involved in
international trade.
• Can be used to refinance existing debt that is not structured
with reasonable terms and conditions.
78. Expanding World Markets
• Nearly 96 percent of consumers live outside the U.S.
• Over two-thirds of the world’s purchasing power resides
outside the U.S.
• There is a significant opportunity for companies to increase
sales by exporting
• Made in the USA still a powerful message.
79. Exporting Advantages
• Increased sales and profit
• Lower costs for transportation and
communication (generate economics of scale)
• Stabilize seasonal market/sales fluctuations
• Diversify sources of customers and revenue.
80. Federal Government Exporting
Assistance
• Global access to business opportunities
• Trade expertise to succeed in markets around
the world
• Export training and education resources
online or in-class for beginner or advanced
exporters
81. Thank You!
Today’s Presenter
Name Charles Long
District International Trade Officer
Address 501 E. Kennedy Blvd. Suite 1210
Tampa, Fl. 33602
Phone 813-228-2104 Ext. 271
E-mail charles.long@sba.gov
Website www.sba.gov/international
83. Florida Export Highlights
• Total trade in 2013 (exports plus imports):
$158.4 billion
• Over 60,000 Florida companies export
• International business (trade + FDI) accounts for one-sixth (17%) of the state’s
economy
• Florida accounts for 25% of all U.S. trade with South America, 37% of total
trade with Central America and the Caribbean
• The number of Florida exporters has grown by 3% from 2010 to 2011
84. The Importance of Trade In Florida
• More than 96% of Florida exporters are SMEs
• Jobs in trade and logistics industries pay 30%
better than the state average
• Companies who diversify their markets are
less vulnerable to economic downturn
• Companies that export grow 15% faster, 12%
more profitable
85. Our Priorities
• Expand market share in Latin America
• Assist SMEs to diversify exports in emerging
markets in Asia, Africa, and Middle East
• Grow manufacturing, high-tech, and
knowledge based services exports worldwide
• Capitalize on expansion of the Panama Canal
• Market Florida as the ideal investment
destination
86. International Development
• Free, Statewide Export
Counseling Services
• Educational Seminars
• Trade Shows & Trade
Missions (grants available to
offset costs)
• Export Marketing Plans
• Florida Export Directory
• Export Financing (FEFC)
• 13 International Offices
• Trade Lead Generation
• World Bank Opportunities
88. = Liaison Office (3)= Full Service Office (11)
Enterprise Florida International Offices
Beijing
Japan
Taiwan
Czech Republic
Germany
United Kingdom
France
Spain
Israel
South Africa
Brazil
Mexico
Toronto
Montreal
FLORIDA
Circles represent approximate flight times from Florida in one-hour increments.
89. Export Sales Mission to Panama
• October 5-7, 2014
Panama City, Panama
Delegate
• $350 per participant + hotel and flight
Gold Key
• $1,050 for first company representative
• $500 for second representative
90. Delegate: Registration Process and What is Included
Included
• Country briefing by the U.S. Embassy
• Ambassador’s reception
• Networking events
• Transportation to all mission events
• Possible additional events
Process
• Register at: http://www.cvent.com/d/q4qxwh/4W
• Advise setting up you own appointments
91. Export Sales Mission to Panama: Additional Costs
EFI has arranged special group rates for participants but are
responsible for their own hotel and airfare charges
• Copa Airlines
– Miami to Panama City roundtrip ($523)
– Orlando to Panama City roundtrip ($440)
• Marriott Panama City, Panama
– Single occupancy ($122/night)
– Double occupancy ($135/night)
• Express Travel will coordinate all air and hotel arrangements
with you and assist you with options and preferences
92. Important Dates
• Delegate Package Registration Deadline
• September 5, 2014
• Cancellations
• Must be made in writing and submitted by August 30,
2014. No verbal cancellations will be accepted.
93. Contact:
Stephanie Pavolini
Manager, Latin America & Caribbean
International Trade Development
201 Alhambra Circle, Suite 610
Miami, FL 33134
T (305) 808-3660
www.enterpriseflorida.com
95. History
World Bank Group (World Bank, IFC and MIGA) has developed a network of
liaison officers based in business intermediary organizations, called the Private
Sector Liaison Officers Network (PSLO Network). The PSLO Network works to
foster trade and investment in developing countries with the support of the
World Bank Group's products and services.
96. Function
What the State of Florida PSLO does:
• Manage trade events and lead trade missions for the World Bank (WB), Inter-
Agency Developmental Bank (IADB), Millennium Challenge Corporation, and
African Developmental Bank (ADB)
• Distribute information on International Finance Institutions (IFI) opportunities
• Facilitate contact between Florida companies and IFI’s
Leading Industry Sectors for World Bank Opportunities
• Water & Flood Protection • Sanitation
• Transportation • Law, Justice & Public Admin
• Agriculture, Fishing, & Forestry • Education
• Energy & Mining • Health & Other Social Services
• Industry & Trade • Information & Communication
97. How to get started
Who should be involved in (IFI) projects: Project Consultants, Business Management
Experts, Architectural Firms, Construction Firms, Accounting Agencies, Project
Planning Organizations
How does your company get involved:
• Locate projects under the World Bank Projects & Operations page that best fit your
company capabilities. (Pre-pipeline, or Pipeline Phase)
• Contact your State PSLO to discuss company goals and potential markets.
• Advise PSLO on projects of interest and include project number, country, and
approval date. (To start a dialogue with industry specialist)
• If applicable, consider registering to receive automatic project updates with
www.DGMarket.com and www.devbusiness.com.
• Attend a sector mission in Washington D.C. or host country in your company
industry sector.
98. Cycle
Brower (Country)
has idea for
project
Country visits the
World Bank to
request assistance
World Bank approves
project and lists “Pre-
Pipeline”
procurement
Country and WB
work together to
source
consultation (Pre-
Pipeline Stage)
Project is
consulted,
Procurement is
started
Goods are being
ordered, services
provided
99. Checklist
• Have a product or service that fits in the key sectors
– Have checked that your product or service is in the pre-pipeline process
• Have time to commit to writing detailed proposals for projects
• Has financial resources to commit to project
• Can visit Washington DC on a regular basis
• Can travel overseas to discuss with in-country staff
• Willing to train staff overseas on your product
• Willing to teach staff overseas your service
100. World Bank Private Sector Liaison
Officer (PSLO) Program
• Global network of 145 PSLOs in 98 countries.
• Educate Florida companies about World Bank
opportunities and assist Florida companies in
using the procurement tools
• Coordinate meetings for visiting Bank reps
• Organize EFI-World Bank events
• Promote World Bank/PSLO events to Florida
companies
Max Stewart
Enterprise Florida, Regional Manager
International Trade Development
(PSLO) for World Bank
T 813.276.9430
mstewart@eflorida.com