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SBA | RIN: 3245-AG95 | Publication ID: Fall 2024 |
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, SBA 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. SBA 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. |
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Agency: Small Business Administration(SBA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
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 |
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Timetable:
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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: 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 |