The following is a sample of the wide range of community-based lenders, banks, and crowdfunding sources that the Pace SBDC works with to provide access to small business financing:
The U.S. Small Business Administration (SBA) offers a number of exporting finance programs specifically designed to help develop or expand export activities. These programs offer lenders with up to a 90% guaranty on export loans of up to $5 million, enabling small businesses to handle advance orders with suppliers and refinance existing debts.
New York State's Global New York program offers:
The Global NY Loan Fund Program offers term loans and lines of credit of up to $500,000 for equipment, inventory, and working capital. The program also extends loans of up to $50,000, interest-free, for distilled and fermented beverage industry businesses.
The Global NY Grant Program offers reimbursable grants of up to $25,000 to help companies customize for export markets, participate in trade shows, and undertake product adaptation to meet foreign regulatory requirements; and grants of up to $50,000 to not-for-profit organizations that provide export assistance and trade education to New York State companies.