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SBA RIN: 3245-AG95 Publication ID: Spring 2020 
Title: Export Express, Export Working Capital, and International Trade Loan Programs 
Abstract:

In September 2019, SBA issued an advanced notice for proposed rulemaking to receive feedback on SBA’s Export Loan Programs. SBA received a sizable number of comments on potential changes to the Export Loan Programs to increase the volume of export loans made to small businesses.  Based on the feedback, OIT plans to issue a notice of proposed rulemaking to revise 13 CFR 120.340 to 120.349, which govern the Export Working Capital Program and the International Trade Loan Program. OIT will propose regulation changes to refine the definition of export transactions, modernize collateral requirements for asset-based lending, and clarify collateral requirements for standby letters of credit.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 13 CFR 120   
Legal Authority: 15 U.S.C. 636(a)(14)    15 U.S.C. 636(a)(16)    15 U.S.C. 634(b)(6)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  09/17/2019  84 FR 48807   
ANPRM Comment Period End  11/18/2019 
NPRM  06/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
David J. Vidal
Supervisory International Trade Finance Specialist
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 205-7119
Email: david.vidal@sba.gov