Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Watch All Shows Victor Davis Hanson Tony Kinnett Daily Signal Signal Sitdown

Home – Political News – Trump Admin Seeks to Give Mom-and-Pop American Exporters Advantage

Trump Admin Seeks to Give Mom-and-Pop American Exporters Advantage

FIRST ON THE DAILY SIGNAL—In an effort to give small businesses a leg-up in exporting their products abroad, two government agencies are partnering on an initiative to simplify small banks’ paperwork and give American exporters quicker access to loans.

On Thursday, the Export-Import Bank and the Small Business Administration launched the Community Lender Enhancement Initiative, a program meant to simplify the process of smaller banks getting access to federal financing.

Export-Import Bank is a federal credit agency that seeks to provide financing for American exporters to give them a competitive advantage.

“Thousands of community lenders serve markets that larger financial institutions often overlook. By simplifying documentation and partnering with SBA, EXIM is supporting American workers and the........

© The Daily Signal