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SBA RIN: 3245-AI07 Publication ID: Fall 2023 
Title: ●Export Working Capital Program 
Abstract:

SBA will publish a notice of proposed rulemaking to enhance the Export Working Capital Program (EWCP).  The revisions concern (1) increasing the maximum maturity on an EWCP loan from 3-years to 5-years; (2)  changing the regulations to allow EWCP loan proceeds to be used to finance export transactions or support companies who engage in export transactions by providing working capital against their accounts receivable and inventory; (3) allowing use of proceeds for asset-based working capital secured by inventory and accounts receivable; (4) including a de minimis amount of domestic accounts receivable (not to exceed 30%) for EWCP loans used as an asset based line of credit; (5) allow Applicants to submit projections to support the need for facilities supporting pre-shipment working capital; (6) revise the unique requirements for the EWCP to align with industry standards for asset based lending.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 120.340    13 CFR 120.341    13 CFR 120.342    13 CFR 120.343    13 CFR 120.344   
Legal Authority: 15 U.S.C. 636(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  01/00/2024 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Daniel Pische
National Director of Trade Finance, Office of International Trade
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 321-5666
Email: daniel.pische@sba.gov