U.S. Small Business Administration (SBA) Trade Finance Programs for Iraq

[arh777]

July 20, 2005

The SBA is accepting applications from lenders for lines of credit that support the export of U.S. goods and services to Iraq. The exporter must be a small business as defined by SBA and may include contractors and subcontractors. The line of credit can support indirect sales, contract sales, and defense-related sales with the exception of any sales associated with nuclear power. For more information on the SBA Export Working Capital Guarantee Program (EWCG) and how to apply, contact the local SBA international credit officer in one of the U.S. Export Assistance Centers located throughout the United States. To find your local representative, visit www.sba.gov/oit. For more information on SBA's EWCG Program, please see attached Description (PDF only) and related FAQs (PDF only).

http://www.export.gov/iraq/index.html

[pvpeacock]

Wow, does that mean I can borrow SBA money or, better yet, get a grant to support my import/export business: I "export" U.S. Dollars to Iraq and import IQD's? Where do I sign up? :huge:

[Tyreds Tale]

one more reason why any of us who can offer any goods or services to Iraqis should start a business and/or register in Iraq. now the government will pay you to do it!

Im trying to figure out if I would be eligable. Probably not unfortunetly...

[dejavu]

hmmmmm, I wonder what sort of exports would be popular or most needed over there? this is actually pretty exciting news :)