Daniel W' Holt

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• Daniel W. Holt
• Small Business Administration
• 704-333-4886
• Dan. Holt_at_mail.doc.gov

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SBA Community Express the Process

• You complete the loan application form(s) and
  attach any exhibits, if required.
• Get an initial T.A. needs assessment from the
  T.A. provider.
• Submit both to lender, together with applicable
  exhibits, who will process your application
  taking into account your credit history, industry
  type, and other criteria.

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SBA Community Express the Process

• If approved, loan proceeds will be deposited
  into your account.
• Continue to get counseling from your TA
  provider as required.
• SBA stands by as your guarantor on the loan.

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On Your Mark.

• Every morning in Africa, a gazelle wakes up.
• It knows it must run faster than the lion or it
  will be killed.
• Every morning a lion wakes up.
• It knows it must outrun the gazelle or starve.
• It doesnt matter if youre a gazelle or lion.
• When the sun comes up, you better start running!

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Building a Global Reach to Run a Global Race

• The Intermodal Global Supply Chain
• 1970 1 million containers
• 2000 20 million containers
• 2020 50 million containers
• 2050 100 million containers

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The Global Marketplace of the 21st Century
Looking Ahead( of World GDP)

2004
2050
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• Countries Ranked by Population 2000
• Country Population
• 1 China 1,262,474,301
• 2 India 1,002,708,291
• 3 United States 282,338,631
• 4 Indonesia 224,138,438
• 5 Brazil 175,552,771
• 6 Russia 146,001,176
• 7 Pakistan 141,553,775
• 8 Bangladesh 130,406,594
• 9 Japan 126,699,784
• 10 Nigeria 123,749,589

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Export Finance

• A major barrier to export by small business is
  the lack of timely financing

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Cash Cycle
Inventory
Raw material
Receivables
Cash
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Cash Cycle
Inventory
Raw material
Receivables
Cash
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EWCP

• EXPORT WORKING CAPITAL PROGRAM
• (EWCP)

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EWCP

• The program
• Supports single transactions or multiple sales
  under a revolving line
• Guarantees 90 of a private sector loan up to 1,
  500,000 SBA exposure

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EWCP

• PRE-EXPORT Working Capital
• Orders against L/Cs
• Contracts for services
• Open account P.O.s with acceptable insurance or
  strong buyer
• Finance labor and materials
• Purchase goods and services

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EWCP

• COLLATERAL
• 1st lien on financed inventory
• Assignment of proceeds from
• Letter of Credit
• Documentary collections
• Foreign receivables
• Personal guarantees of owners (20 or more)
  and key principals, if applicable

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SBA Community Express

• Loan is granted by participating lenders so far,
  there are four
• Innovative Bank (CA - nationwide ) amounts from
  5,000 50,000
• Superior Financial Group (CA - nationwide)
  amounts from 5,000 25,000
• Business Loan Express (FL - nationwide) amounts
  from 5,000 50,000
• Self-Help Credit Union (NC - statewide) amounts
  from 1,000 250,000

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SBA Community Express Whos Eligible

• Applicants must meet one of the following
• Women
• Minorities
• Veterans
• Persons/businesses located in low-to-moderate
  income (LMI) areas as defined by SBA (see
  www.sba.gov/hubzone to determine if your business
  is in such an area.

Business is at least 51
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SBA COMMUNITY EXPRESS PROGRAM
             RAPID RESPONSE         NO
COLLATERAL REQUIRED            AFFORDABLE
PRINCIPAL AND INTEREST MONTHLY PAYMENTS          
  NO BALLOON PAYMENTS           LOAN AMOUNTS
FROM 5K TO 25K            NO PREPAYMENT
PENALTY           NO TAX RETURNS, FINANCIAL
STATEMENTS, OR BUSINESS PLANS REQUIRED  
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SBA Community Express

• SBA contact for western NC only (Ashe to
  Cleveland Counties and west)
• Mike Arriola, Senior Area Manager
• U.S. SBA (Asheville satellite office)
• Ph (828) 225-18444
• Email michael.arriola_at_sba.gov

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• Daniel W. Holt
• Small Business Administration
• 704-333-4886
• Dan. Holt_at_mail.doc.gov