Export Working Capital Program

  The Export Working Capital Program (EWCP) is a 90% SBA guarantee for export transactions. An example is; the loan is placed with Comvest, every time you receive an export order or domestic order that will eventually be exported, you fax in the purchase order to us and we transfer 85% of the gross sales amount into your commercial checking account for you to use as working capital. Once the account receivable comes in we pay down the loan immediately and the 15% balance is then transferred into your checking account.

This is good for three main reasons:

1. You ALWAYS have availability on the revolving line.
2. You do NOT CONTINUOUSLY pay interest on long outstanding balances
3. This loan frees up cash for on-going domestic sales.

...The cost for SBA fee is 0.25%,
...Interest is negotiable,
...Monthly Payments are Interest only.
   Certain fee charges may apply.