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Growing Exports While Mitigating Risks: International Trade and Payments Session 2- CANCELED

Aug
19
2016
Fri 8:00 AM to 12:00 PM
This is the 2nd session in a 2-part series on Growing Exports While Mitigating Risks. The cost of both sessions is $75 and to attend just one is $50. 

Session 2: Friday, August 19th: 8:00am - noon


Foreign Exchange

This part of the course will cover the basics of invoicing in Foreign Exchange (FX):

- The effects of a strong USD
- FX Rates basics
- Spot vs. forward rates
- Mitigating FX exposure
- Invoicing in the local currency
 
Small Business Administration (SBA)

 During this part of the course, Bryson Patterson, Export Finance Specialist with the SBA will share information about SBA Export Loans:

- SBA - intro to the loan guarantee, how it works
- Revolving Lines of Credit
- Transaction Based
- Asset Based
- Term Loans for Exporters
 
Export-Import Bank of the United States (EXIM)

Export-Import Bank of the United States (EXIM) is the official credit agency of the U.S. government. Their mission is to support American businesses in reaching their full global potential. To do so, they offer financial tools that allow businesses like yours to reach the 95% of the world's customers who live outside the U.S., and to meet their demand with less risk.
 
During this part of the course, a representative will explain how EXIM support can equip you to:
 
- Protect against foreign buyer nonpayment
- Access working capital for export sales
- Extend credit (i.e., win more sales by providing open account terms)
- Support performance and bid bonds with lower collateral requirements
- Gain the confidence needed to enter new countries, add new buyers, and increase sales


 
Thank you to First National Bank for sponsoring this series! 



Thank you to partners who made this series possible: 

               

Fee: $ 50.00

Phone: 303-442-1475

Location

Boulder SBDC - Longmont Satellite
Longmont Area Chamber of Commerce 528 Main St. Longmont, CO 80501
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