U.S. Small Business Administration Announces Strategic Alliance to Support Small Business Exporters
WASHINGTON, June 20, 2023 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) announced the signing of the Strategic Alliance Memorandum (SAM) with the International Trade & Forfaiting Association (ITFA).
- WASHINGTON, June 20, 2023 (GLOBE NEWSWIRE) -- Today, the U.S. Small Business Administration (SBA) announced the signing of the Strategic Alliance Memorandum (SAM) with the International Trade & Forfaiting Association (ITFA).
- ITFA and SBA strive to facilitate the expansion of trade and trade finance globally to reduce barriers for small businesses selling abroad.
- Together, the SBA and ITFA will work to educate exporters and lenders on financing methods and risk mitigation solutions necessary to facilitate global trade.
- “SBA’s new agreement with ITFA aims to build capacity for exporting through education and technical training for both lenders and small businesses.