The Small Business Administration (SBA) offers financing packages specifically targeted to assist U.S. exporters expand overseas by funding export transaction costs or financing for the export of goods or services. SBA programs can provide the liquidity needed to accept new orders, enter new markets, and compete more effectively in the international marketplace.
The Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. It is an independent, self-sustaining agency with a mission of supporting U.S. jobs by facilitating the export of U.S. goods and services. When private sector lenders are unable or unwilling to provide financing, EXIM can fill the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, EXIM levels the playing field for U.S. goods and services in overseas markets.
The U.S. Trade and Development Agency (USTDA) funds feasibility studies performed by U.S. firms that examine the technical, economic, environmental, and financial aspects of major development projects. TDA helps U.S. companies pursue overseas business opportunities through: funding of feasibility studies, orientation visits, specialized training grants, business workshops and various forms of technical assistance.
The U.S. International Development Finance Corporation (DFC) is the international development bank of the United States. The DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. The DFC is able to provide direct equity financing and support for investment funds; direct loans and guarantees of up to $1 billion for tenors as long as 25 years; political risk insurance coverage of up to $1 billion; and technical development support in the form of feasibility studies and assistance to accelerate project identification.
Armenia finances a substantial portion of public works projects through borrowing from the multilateral development banks (MDBs). A helpful resource for working with the MDBs is the Guide to Doing Business with the Multilateral Development Banks. The U.S. Department of Commerce’s International Trade Administration (ITA) has a Foreign Commercial Service Officer stationed at each of the multilateral development banks that serve Armenia: the Asian Development Bank, European Bank for Reconstruction and Development, and World Bank.