Small Business Exports Have Increased Under Obama's Watch

Small business exports have increased under the current U.S. administration's watch, but other areas for business owners, such as, obtaining loans, cutting red tape and lowering healthcare costs have shown no improvement. 

Read Scott Shane's commentary for Businessweek here.

U.S. Export Funding Help

Will Ex-Im Bank's loans, loan guarantees, and insurance to American exporters and foreign buyers dry up at the end of May?

Fred Hochberg, Ex-Im’s chairman, says that 87 percent of the bank’s transactions and 20 percent of its financing dollars go to small businesses. 

Find out more here.  And another viewpoint here.

Small Business Exports: Where They Stand

John Tozzi, our friend and colleague at BusinessWeek, reports on "Small Business Exports Edge Up."

Key comment:

“Ninety-eight percent of U.S. exporters are small and medium-sized enterprises but these exporters have historically represented only 30 percent of U.S. export value,” Tim Truman, a spokesman for the Commerce Department’s International Trade Association, said in an email.

And we are pleased to be quoted (GlobeTrade) in the article as well -- thank you John for including us!

Read the entire article here.  International Trade Update here.

Illustration credit here.