The loans are from banks but the SBA guarantees payment to the bank. Under the EWCP, the SBA can guaranty up to 75% of a secured loan (80% on loans $100,00 or less) or $750,000 whichever is less. Loan maturities may be up to three years with annual renewals. Loans can be for single or multiple export sales and can be extended for pre-shipment working capital and post-shipment exposure coverage, or a combination of both. Proceeds can only be used for export transactions. Letter of prequalification available through the SBA. Contact SBA to be directed to compatible lenders. Applications available online at: {www.sba.gov/library/forms.html}. U.S. Small Business Administration, Baltimore District, Office SBA, Frances Hensen, Chief, Finance Division, City Crescent Building, 6th Floor, 10 S. Howard Street, Baltimore, MD 21201; 410-962-4392; Fax: 410-962-1805; {Frances.Henson@sba.gov}; {www.sba.gov/financing/frdelta.html}.
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