Export Sales & Finance Workshop
When companies export products or services, long payment terms can often create working capital challenges. The upfront cost of producing, shipping, and delivering the goods can be tricky for businesses to manage. Export finance helps businesses release working capital from cross-border or domestic trade transactions that would otherwise be tied up in invoices or purchase orders (for up to 180 days). Export finance is a form of specialist trade finance that can help a business grow and sell to a larger market.
The Penn State Small Business Development Center is working with the Pennsylvania Small Business Development Center in cooperation with Small Business Administration to offer an interactive, practical workshop. This workshop will assist new and existing exporters understand how to grow exports and finance sales, utilizing PA and U.S. government programs with commercial bank financing. We will use real company examples and success stories to show the practical application of these programs and trade tools. The workshop will be offered in person and virtually.