SBA Offers Forwarders Resources to Support Small Exporters
Small businesses account for more than 97 percent of U.S. exporters, but are disproportionately impacted by the costs associated with trade and challenges posted by COVID-19. The Small Business Administration’s Office of International Trade (OIT) has resources that can help your current or prospective small business clients with their trade journey, including advice and access to funds.
More small businesses selling more overseas means increased port activity and more business for freight forwarders. Make sure your clients and prospective clients are aware of these resources.
Over the next three weeks the NCBFAA will feature different products and services SBA has to offer. This week we will highlight SBA’s Trade Policy Services. In addition to ensuring that small business interests are protected and considered in trade negotiations, SBA’s trade experts are on hand to help your small business clients overcome specific trade barriers and manage challenges, such as protecting intellectual property.
OIT also has information on its Trade Tools for International Sales website to help small businesses explore opportunities in foreign markets, learn about U.S. trade agreements, find information on regulations and laws, and explore programs and services for small businesses who want to go global.
If you are working with a small business client that is facing barriers in access international markets, please encourage them to contact OIT via the toll-free trade hotline at (855) 722-4877 or email at firstname.lastname@example.org.