SBA loans are a real option for your business and many business do use the loans to start or to grow, but some of the SBA loans can also apply to Exporting.

The SBA definitely wants to help you export, and even have an Export Express program to simplify and expedite the process, export development and working capital loans, Patriot Express and others, so you definitely need to add them to your list of options to consider for financing your export business.

 Here's the synopsis from SBA for business loans:

• Basic 7(a) Loan Program

  Gives 7(a) loans to eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA's business loan programs. Borrowers must apply through a participating lender institution.

• Certified Development Company (CDC) 504 Loan Program

  Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

• Microloan Program

  Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

 Contact us for more details or help.

Every business goes through a search process for money to start. For some it's the wild heights of venture capital, but for most it comprises going through the traditional list:

Bank Loan

Financial Institution Loan

Personal/Home equity loan

Friends/Family loans

Credit cards

Crowd funding

The bank and institutional loans tend to be complicated by a requirement for a minimum time in business and for collateral, so many businesses dig further down the list.

Additional articles will cover each of these sources.