Join us on this episode of Small Biz Florida, where we delve deep into the world of international trade and how small businesses can tap into global opportunities. Broadcasting live from the Florida Association of Government Guaranteed Lenders Conference, our focus is on the critical role this conference plays in providing small business owners with the working capital they need to meet the demands of exporting goods and services to a global market.
We have two distinguished guests with us today who shed light on this important topic. First up is Patrick Hayes, the Export Finance Director East at the U.S. Small Business Administration. Patrick emphasizes the significance of helping small businesses gain access to financing that allows them to take full advantage of international sales opportunities. He discusses the various ways the SBA provides crucial support, including a substantial 90% guaranty on Export Working Capital Lines of Credit, making it easier for businesses to secure the capital needed for international expansion.
Our second guest is Daniel Pische, who serves as Director, of National Trade Finance at SBA Daniel is a seasoned expert in the field and graduated from Northern Illinois University. He is currently based in Washington, D.C., United States, where he brings his extensive experience and insights into trade finance to the forefront. Daniel highlights the pivotal role of working capital in international trade and the importance of providing businesses with the financial resources required to scale their global growth.
During this episode, we explore the benefits of these financing programs, including advances on foreign accounts receivable, inventory financing, standby Letters of Credit (LCs) for export purposes, and foreign purchase order financing. We discuss the flexibility these programs offer, such as not requiring a specific U.S. content percentage, making them accessible to a wide range of businesses.
Tune in to discover how the SBA is working diligently to empower small businesses in conquering global markets. We delve into the need for working capital to fulfill international demand, ensuring that small businesses can thrive on the global stage. This episode is a must-listen for entrepreneurs looking to expand their businesses internationally and make the most of global opportunities. Recorded live at this year’s FLAGGL Small Business Lender’s Conference hosted at The JW Marriott Orlando, Grande Lakes
Learn more about the SBA Office of International Trade
Ep. 230 | Small Business Financing: Insiders Look at an Amazing Loan Product for Small Businesses Through United Midwest Savings Bank | Florida SBDC SBSS Series 2023
Ep. 229 | Unlocking New Opportunities With Florida Business Exchange for Ultimate Entrepreneurial Success | Florida SBDC SBSS Series 2023
Ep. 228 | Fueling Small Business Success with Data: A Deep Dive into Data Axle | Florida SBDC SBSS Series 2023
Ep. 227 | Revolutionizing Small Business Management: A Deep Dive on Thryv | Florida SBDC SBSS Series 2023
Ep. 226 | Empowering Small Businesses with Square | Florida SBDC SBSS Series 2023
Ep. 225 | The Importance of Embracing Technology as a Business Owner - Insights from U.S Chamber of Commerce | Florida SBDC SBSS 2023 Series
HURRICANE IDALIA SERIES | Rebuilding Dreams: Small Business Resilience in the Wake of Hurricane Idalia with Florida SBDC Network
HURRICANE IDALIA SERIES | Small Business Support in the Wake of Hurricane Idalia: A Conversation with Secretary Kelly
Ep. 224 | Resourceful Innovation in Florida: Navigating the High Tech Corridor | Florida SBDC SBSS 2023 Series
Ep. 223 | Empowering Exporters: Navigating Global Markets with EXIM Bank | Florida SBDC SBSS 2023 Series
Ep. 222 | Economic Insights: Navigating Post-Pandemic Recovery in Florida | Florida SBDC SBSS 2023 Series
Ep. 221 | Unleashing Potential: Commissioner Daniela Jean’s Path to Success and Important Partnership with SBDC at FIU | Florida SBDC SBSS 2023 Series
Ep. 220 | Small Business Insights: The Journey of Butler and Gary Logistics | Florida SBDC SBSS 2023 Series
Ep. 219 | Small Business Insights: The Story of CJ Manufacturing | Florida SBDC SBSS 2023 Series
Ep. 218 | Navigating Employee Retention Credits: Boosting Small Businesses Amidst Challenges with Advantage Accounting & Tax | Florida SBDC SBSS 2023 Series
Ep. 217 | Insider Look: Get the latest on this year’s U.S. Caribbean Business Conference | Florida SBDC SBSS 2023 Series
Ep. 216 | Groundswell Startups: Nurturing Innovation and Growth with CEO Jarin Eisenberg | Florida SBDC SBSS 2023 Series
Ep. 215 | Empowering Small Businesses: A Deep Dive Into Popular Small Business Loan Programs for Urgent Access to Capital | Florida SBDC SBSS 2023 Series
Ep. 214 | Celebrating 70 Years of Small Business Administration: Navigating Challenges and Embracing Innovation
Ep. 213 | Governor DeSantis Signs Tax Relief: Boosting Small Business Growth with FCF/FFC
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money