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Updated 7/02/03

Export Financing

For more information, e-mail us or call (360) 902-1915.

WSDA does not provide export financing but works with the U.S. Department of Agriculture and others to assist companies to finance their export transactions.  The Export Credit Guarantee (GSM) and Supplier Credit Guarantee (SCGP) programs are two of the most widely used programs.  

  GSM:  The GSM programs guarantee payment from approved foreign banks through financial institutions in the United States. By reducing the risk to financial institutions in the United States lower interest rates and financing fees may be available to complete the transaction.  
  SCGP:  Under the SCGP, USDA guarantees a portion of the value of export sales (up to 65 percent) financed by the seller for up to 180 days.  These direct credits must be secured by promissory notes signed by the importers.    

In addition, the Export Finance Assistance Center of Washington State (EFACW) can provide access to the Ex-Im Bank and financing programs through the U.S. Small Business Administration.

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