International Sources of Capital

No longer the exclusive purview of large corporations, international trade has flowed increasingly into the ken of small businesses. International sources of capital have blossomed as a result, running the gamut from local commercial banks to the federally, state, and locally funded Center for International Trade Development. In addition, the SBA's Export Working Capital Program, like the SBA's other programs, guarantees 90 percent of a private sector loan up to $750,000. Although not exclusively for international funding, the Department of Commerce's Minority Business Development Agency (MBDA) funds Business Development Centers across the country. The Department of Commerce also supplies nonfinancial aid through its National Trade Data Bank (NTDB), which contains international information valuable to exporters. What we have mentioned here hardly scrapes the top layer of options open to the international businessperson who, unfortunately, faces daunting regulations and requirements.

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