The Export Finance Initiative provides a roadmap to export finance programs and is designed to address the challenges exporters face in accessing trade financing in a tight credit environment. This Initiative began with the signing of a City/State Partnership Agreement between the WTCGP and the Export-Import Bank of the United States, a partnership which has expanded to include the U.S. Small Business Administration, the area’s leading trade finance lenders and insurance brokers, the City of Philadelphia, the Commonwealth of Pennsylvania, and the State of New Jersey.
A principal feature of the initiative, Export Finance Workshops provide information on accessing the capital needed to fill export orders, minimizing risk by obtaining export credit insurance, developing a competitive advantage by offering financing to prospective international buyers, and accessing global banking services to facilitate and ease cross-border trade.
The WTCGP would like to thank the principle sponsors of this program, HSBC Bank, PNC Bank, TD Bank, UPS/UPS Capital, and Wells Fargo!
