Export financing or funding your export sales is not a one product that fits all. Depending on what stage you're at in your exporting journey, some certain products and programs would suit you best.
International Trade Administration’s (ITA) easy-to-understand guide provides practical, reference in a simplified format to help achieve the goal of getting paid and manage risks of not getting paid by a foreign buyer.
WA State Department of Commerce manages Export Vouchers, funded by the U.S. Small Business Administration’s State Trade Expansion Program (STEP), that reimburses eligible export expenses up to $10,000, depending on the expense for WA state small businesses.
A federal agency that provides export working capital program guarantees and low-cost export credit insurance, through brokers, that protects an exporter against the risk of non-payment by a foreign buyer.
They offer the Export Credit Guarantee Program (GSM-102) that provides credit guarantees to encourage financing of commercial exports of eligible U.S. agricultural commodities by reducing financial risk to participating lenders.
The U.S. Small Business Administration's microloan program can help small businesses start up and expand the with the goal to get them ready and prepare them for more conventional loan programs. Each intermediary lender has its own lending and credit requirements.
The federal Trade Adjustment Assistance program helps manufacturing* companies hurt by imports fund business improvement projects. Eligible Northwest manufacturers can receive up to $75,000 in matching funds to implement projects to improve sales growth, new market development, efficiencies, and more.
*Many agriculture, seafood, and service firms have also qualified for this program.