Doing Business In (Insert Country Name Here) - Department of ...
Doing Business In (Insert Country Name Here) - Department of ...
Doing Business In (Insert Country Name Here) - Department of ...
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sector, which is expected to uncover new grant opportunities for clean energy projectsthat will require significant U.S. inputs - both technology and services.U.S. Small <strong>Business</strong> Administration http://www.sba.gov/oit/The U.S. Small <strong>Business</strong> Administration (SBA) provides financial and businessdevelopment assistance to encourage and help small businesses in developing exportmarkets. The SBA assists businesses in obtaining the capital needed to explore,establish, or expand international markets. SBA’s export loans are available underSBA’s guaranty program. Prospective applicants should tell their lenders to seek SBAparticipation, if the lender is unable or unwilling to make the loan directly.SBA also <strong>of</strong>fers an Export Revolving Line <strong>of</strong> Credit (ERLC) program that is designed tohelp small businesses obtain short-term financing to sell their products and servicesabroad. The program guarantees repayment to a lender in the event an exporterdefaults. The ERLC protects only the lender from default by the exporter; it does notcover the exporter should a foreign buyer default on payment. Lenders and exportersmust determine whether foreign receivables need credit risk protection.<strong>In</strong>ter-American Development Bank http://www.buyusa.gov/idb/.The <strong>In</strong>ter-American Development Bank (IDB) finances public sector projects in Mexicoand the other 25 borrowing countries in Latin America and the Caribbean. Currentapproved loans in Mexico exceed $3 billion USD. The IDB has focused its lendingprograms on infrastructure needs in Mexico, while the World Bank has favored humanresource development and structural reform initiatives.U.S. companies are eligible to compete for contract awards from public sector executingagencies. However, in contrast to trade finance institutions, U.S. companies do not applydirectly to the IDB. U.S. companies interested in competing for public sector projectsfinanced by the IDB may maximize their chances <strong>of</strong> winning by contracting a localpartner in Mexico. The U.S. Commercial Service maintains an <strong>of</strong>fice in the IDB to assistU.S. companies in taking advantage <strong>of</strong> IDB funded projects.World Bank www.worldbank.orgThe World Bank is a multi-lateral development bank that provides loans to developingcountries with the stated goal <strong>of</strong> reducing poverty. World Bank is comprised <strong>of</strong> twoinstitutions: the <strong>In</strong>ternational Bank for Reconstruction and Development (IBRD) and the<strong>In</strong>ternational Development Association (IDA). IBRD is active in Mexico, supportinglarge-scale infrastructure projects such as highways, airports, and power plants. TheWorld Bank’s total program for Mexico reached $3.4 billion in 2009. Particularly giventhe tight credit market, it is common for governments to leverage financing from severalsources, (The World Bank, Export Credit Agencies, private equity funds, etc.) whendeveloping large projects.Web ResourcesReturn to topExport-Import Bank <strong>of</strong> the United States: http://www.exim.gov<strong>Country</strong> Limitation Schedule: http://www.exim.gov/tools/country/country_limits.htmlOPIC:http://www.opic.govTrade and Development Agency:http://www.tda.gov/SBA's Office <strong>of</strong> <strong>In</strong>ternational Trade:http://www.sba.gov/oit/USDA Commodity Credit Corporation: http://www.fsa.usda.gov/ccc/default.htm