Export Express 7(a) Loan Programs offered by the SBA are streamlined programs that:
A) help small businesses develop or expand their export markets.
B) offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
C) are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
D) provide lenders guarantees of up to 90 percent on export loans to ensure that qualified exporters do not lose viable export sales due to a lack of working capital.
E) offer short-term financing or may help purchase the goods to be exported directly from the manufacturer.
Correct Answer:
Verified
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