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Financial Assistance Criteria

FEFC financial assistance is available only for exporters and transactions which meet the following requirements:

  • The exporter/borrower must be registered to do business in the State of Florida and be able to produce a current corporation,partnership, or proprietorship registration.The exporter/borrower must have less than 250 employees. Full and part time employees are included in thisrequirement.The exporter/borrower must have less than $6,000,000 of net worth.The equity owner of the exporter/borrower must sign the FEFC application, all loan documents, and personallyguarantee the loan.The exporter/borrower must have a specific and verified order from a foreign buyer and the loan must be madeto support that order.The goods or services must be shipped from Florida.The maximum FEFC guarantee amount is 90% of the loan or $500,000, which ever is the lowest.The maximum FEFC direct loan amount is 90% of the contract value or $150,000, which ever is the lowest.The maximum term for guarantees or loans is one year.The maximum cumulative FEFC financial assistance available to any one exporter/borrower in any five yearperiod is $500,000. The FEFC Board of Directors may exempt an exporter from this requirement upon proof ofneed.If the exporter/borrower applies direct to the FEFC for an FEFC loan or loan guarantee the exporter must demonstratethe inability to obtain funding elsewhere. (Lender loan denial letter must accompany application).An application for an FEFC guarantee which is submitted through a lender must include a lender applicationstating that the loan will be made only with a guarantee from the FEFC.
  • The exporter/borrower must have less than 250 employees. Full and part time employees are included in this
  • The exporter/borrower must have less than $6,000,000 of net worth.The equity owner of the exporter/borrower must sign the FEFC application, all loan documents, and personally
  • The exporter/borrower must have less than $6,000,000 of net worth.
  • The equity owner of the exporter/borrower must sign the FEFC application, all loan documents, and personally
  • The exporter/borrower must have a specific and verified order from a foreign buyer and the loan must be made
  • The goods or services must be shipped from Florida.The maximum FEFC guarantee amount is 90% of the loan or $500,000, which ever is the lowest.The maximum FEFC direct loan amount is 90% of the contract value or $150,000, which ever is the lowest.The maximum term for guarantees or loans is one year.The maximum cumulative FEFC financial assistance available to any one exporter/borrower in any five year
  • The goods or services must be shipped from Florida.
  • The maximum FEFC guarantee amount is 90% of the loan or $500,000, which ever is the lowest.
  • The maximum FEFC direct loan amount is 90% of the contract value or $150,000, which ever is the lowest.
  • The maximum term for guarantees or loans is one year.
  • The maximum cumulative FEFC financial assistance available to any one exporter/borrower in any five year
  • If the exporter/borrower applies direct to the FEFC for an FEFC loan or loan guarantee the exporter must demonstrate
  • An application for an FEFC guarantee which is submitted through a lender must include a lender application
  • Seminars
  • Webinars
  • Workshops
  • 1-on-1 sessions
  • Assistance in completion of applications
  • Assistance in conference calls providing trade finance options and risk mitigation tools
  • Referrals and introductions to various federal, state and private-sector small business financing programs to meet specific capital needs