How can I find export financing?

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The first source for export financing is a local bank:

Bank One
International Division
80 West Broadway, Suite 200
Salt Lake City, UT 84101
Contact: Roger Shields
Tel: (801) 481-5125
Fax: (801) 481-5369

Wells Fargo Bank
International Division
100 W. Washington, 25th Floor
Phoenix, AZ 85003
Contact: Fidela Irigayen
Tel: (602) 378-1117
Fax: (602) 378-1320

U.S. Bank of Utah
International Division
15 W. South Temple, Suite 600
Salt Lake City, UT 84010-1536
Contact: Mark Garfield
Tel: (801) 537-6707
Fax: (801) 534-6207

Zions Bank
International Division
One South Main Street
Salt Lake City, UT 84111
Contact: William "Mac" Epps
Tel: (801) 524-2123
Fax: (801) 322-5931

The Small Business Administration (SBA) offers loan guarantees through their Export Working Capital Program (EWCP) to help small businesses export. SBA's EWCP provides transaction-specific financing for loans of $833,333 or less. Exporters may use the program for pre-export financing of labor and materials, financing receivables generated from these sales, and/or standby letters of credit used as performance bonds or payment guarantees to foreign buyers.

Please contact:
Robert (Bob) Curtis
Loan Officer
Tel: (801) 524-3219
Fax: (202) 481-5263
email to:robert.curtis@sba.gov

Export-Import Bank (EXIM) of the United States offers a Working Capital Guarantee Program for working capital over $833,333. The program can be used to purchase raw material and finished products for export, pay for materials, labor and overhead to produce goods and/or provide services for export and cover standby letters of credit serving as bid bonds, performance bonds or advance payment guarantees. The EXIM Bank also has an Export Credit Risk Program to protect against both the political and commercial risks of a foreign buyer defaulting on payment. In addition, EXIM guarantees can be obtained on commercial loans to foreign buyers of U.S. goods or services to cover 100 percent of principal and interest against both political and commercial risks of nonpayment. In some cases, EXIM also offers direct loans to foreign buyers with competitive, fixed-rate financing for their purchases from the United States. For more information on EXIM Bank programs, please visit their website at: tp://www.buyusa.gov/style/graphics/link_extern.gif http://www.exim.gov

The Private Export Funding Company (PEFCO), a private corporation owned by commercial banks, industrial corporations, and financial services companies, supplements existing EXIM and private programs for export financing. PEFCO was established with the support of the U.S. Treasury Department and the EXIM Bank. Its services include: direct loans, note purchase facilities, securitization facilities and short-term working capital facilities. For more information, visit the PEFCO home page at: tp://www.buyusa.gov/style/graphics/link_extern.gif http://www.pefco.com or contact them by calling (212) 916-0300.