What is Global Access for Small Business?

A globe with the tag line: Small business, Global Access, Your competitive edge

Global Access for Small Business is a top priority of Ex-Im Bank. This initiative is dedicated to dramatically increasing the number of small businesses exporting goods and services to maintain and create U.S. jobs. Global Access is being supported by a wide variety of business, financial and government partners and is part of President Obama's National Export Initiative (NEI).

On January 13, 2011, the initiative was launched by Chairman and President Fred P. Hochberg with the Commerce Department, U.S. Trade Representative, Small Business Administration, U.S. Chamber of Commerce, National Association of Manufacturers, and several lenders. - overview brochure (PDF) | watch a recent Global Access Forum Presentation (32:44)

Past Global Access Forums were held in the following cities.

Houston, TX - 5/7/2015
Atlanta, GA - 4/8/2015
Laurel, MS - 3/11/2015
Mobile, AL – 3/12/2015
Tysons Corner, VA – 3/9/2015
Nashua, NH - 12/5/14
Los Angeles, CA - 11/7/14
New Orleans, LA - 10/29/14
Minneapolis, MN - 10/21/14
Eau Claire, WI - 8/19/14
Rockford, IL - 8/18/14
Salem OR - 8/13/14
Ontario, CA - 8/13/14
Chicago, IL - 6/11/14
Charleston, WV - 6/16/14
Upstate New York (Rochester,
Buffalo and Albany) - 4/11/14
Fargo, ND – 3/20/14
Riverside, CA – 3/18/14
Northbrook, IL – 3/17/14
Nashua, NH - 12/6/2013
Bothell, WA - 12/9/2013
Madison, WI - 8/28/13
Boise, ID - 8/20/13
San Jose, CA - 8/15/13
Honolulu, HI - 8/6/13
Schaumburg, IL - 8/5/13
Tacoma, WA - 7/15/13

New Gloucester, ME - 6/7/13
Phoenix, AZ - 5/31/13
Buffalo, NY – 5/23/13
Philadelphia, PA – 5/20/13
Long Island, NY – 5/13/13
Hawthorne, CA – 5/3/13
San Bernardino, CA – 5/2/13
Houston, TX - 4/25/13
Fort Lauderdale, FL - 4/20/13
Los Angeles, CA - 2/22/13
Detroit, MI – 1/28/13
Vienna, VA – 10/26/2012
Newark, NJ – 10/19/2012
Honolulu, Hawaii - 8/24/2012
Seattle, WA - 8/20/2012
Atlanta, GA - 8/15/2012
Minneapolis, MN - 7/31/2012
Weslaco, TX - 8/30/2011
Milwaukee, WI - 8/3/2011
Houston, TX - 8/2/2011
Youngstown, OH - 6/18/2012
Long Island, NY - 6/4/2012
Loudoun County, VA - 5/11/2012
Rochester, NY - 3/9/2012
Greensboro, NC - 2/24/2012
Little Rock, AR- 1/12/12

Tampa, FL - 1/9/12
New York, NY - 12/08/2011
Detroit (Novi), MI - 11/18/2011
Grand Rapids, MI - 11/17/2011
Phoenix, AZ - 11/04/2011
Chicago, IL - 10/28/2011
Beloit, WI - 10/19/2011
Cleveland, OH - 9/26/2011
New Haven, CT - 09/19/2011
Baltimore, MD - 9/12/2011 | video (32:44)
Fresno, CA - 8/1/2011
San Juan, PR - 7/7/2011
Providence, RI - 6/7/2011
Charlotte, NC - 6/3/2011
Wichita, KS - 6/2/2011
San Leandro, CA - 5/20/2011
Wilmington, DE - 5/13/2011
Miami, FL - 5/6/2011
West Long Branch, NJ - 4/21/2011
Long Island, NY - 4/11/2011
New Orleans, LA - 4/11/2011
Denver, CO - 3/14/2011
Los Angeles, CA - 3/2/2011
Lafayette, LA - 2/23/2011
Kansas City, MO - 2/25/2011
Minneapolis, MN - 2/17/2011
Philadelphia, PA - 2/9/2011
Portsmouth, NH - 1/31/2011

Special Initiatives

Woman-, Minority-, and Veteran-Owned Businesses:

An area of additional emphasis in Ex-Im Bank's small business group is firms owned by women, minorities, and veterans. Disparities in capital access for these firms are well-documented. Ex-Im Bank has a dedicated team that directs its outreach activity to these organizations that represent African-American, Hispanic, Asian, Native American, woman-owned and veteran-owned enterprises.

The Bank is stepping up its coverage of these groups and identifying more effective means of reaching them and helping address their financing challenges. To achieve lofty targets, Ex-Im Bank is substantially increasing the resources devoted to these enterprises.

Renewable-Energy and Environmental:

Ex-Im Bank offers enhanced financing for renewable energy and environmentally beneficial exports, including repayment terms up to 18 years for renewable-energy and water-treatment projects, capitalization of interest during construction, and support for local costs up to 30 percent of the U.S. scope of supply. Visit the Environmental Exports Progam page for more information.

Medical Technologies:

Ex-Im Bank also supports enhanced buyer financing for medical technology and services, including payment terms up to 7 years, capitalization of interest during installation, and support for local costs up to 30 percent. Visit the Medical Technologies Program page for more information.

Sub-Saharan Africa:

Ex-Im Bank provides U.S. exporters with the financing assistance to compete successfully for business in Africa. The Bank's products and initiatives help U.S. exporters in all regions of Africa, especially sub-Saharan Africa. Visit the Sub-Saharan Africa page for more information.

New Policies

Transaction Time:

Increased importance is being place on turning transactions around faster. In fact, this process was cut by about a third from FY'09 to FY'10.

Eligibility:

This policy change expands criteria to enable more of a company's products and services to be included in an Ex-Im Bank working capital or trade credit insurance transaction.

Other Government Resources

There is plenty of information and support to assist current exporters and new-to-export companies in building their international sales and succeeding in today's global marketplace.

Market Research:

Companies can access current and cumulative U.S. export and import data for over 18,000 export commodities and 24,000 import commodities with USA Trade Online! This service is offered by the Foreign Trade Division of the U.S. Census Bureau at http://www.usatradeonline.gov or call 800.549.0595 (option 4). Customized market research to answer particular international business questions can be found in the "Opportunities" section on http://www.export.gov.

Locate Buyers and Distributors:

The U.S. Commercial Service can help businesses find qualified international buyers, partners or agents without having to travel. Trained specialists can deliver detailed company information on international companies that have expressed an interest in a company's products and services. Visit the "Solutions" section on http://www.export.gov.

Financial Support:

In addition to Ex-Im Bank, the Small Business Administration (SBA) also has three loan guarantee programs to help small businesses access the capital needed to provide goods and services to the global marketplace. Visit http://www.sba.gov/aboutsba/sbaprograms/internationaltrade/index.html.

Most Active Partners

Listed below are the most active Ex-Im Bank small business insurance brokers and lenders, ranked by the amount authorized in fiscal year 2012.

Insurance Brokers

(ranking is based on FY2012 small business authorizations excluding bank policies):

  • Meridian Finance Group
  • Trade Acceptance Group
  • International Risk Consultants
  • Altus Multinational Group
  • Export Insurance Services, Inc.
  • World Trade Consult
  • The Credit Insurance Source
  • Penn International Insurance
  • Brett Tarnet Insurance Services
  • CFS International

Lenders:

  • PNC Bank
  • Wells Fargo Bank
  • Silicon Valley Bank
  • JP Morgan Chase
  • Comerica
  • Bank of America Merrill Lynch
  • Citibank

Ex-Im Bank's Global Access for Small Business is being supported by a wide variety of business, financial and government partners and is part of President Obama's National Export Initiative. This group has joined the Bank in increasing the number of small businesses exporting goods and services produced by U.S. workers.

Global Access Partners:

  • The Department of Commerce
  • (U.S. Commercial Service)
  • The Offi ce of the U.S. Trade Representative
  • (USTR)
  • U.S. Small Business Administration (SBA)
  • U.S. Chamber of Commerce
  • National Association of Manufacturers (NAM)
  • The Wall Street Journal
  • FedEx
  • HSBC Bank USA, N.A.
  • Wells Fargo Bank
  • PNC Bank
  • Bank of America Merrill Lynch