OPEN finance expert Mike Periu on an SBA export program.
The Small Business Administration (SBA) provided over $920 million in financing over the last 12 months to small businesses that produce goods and sell them to foreign companies. Under the SBA’s International Trade Loan Program, companies can receive financing support to expand manufacturing facilities or to buy equipment that will be used to make products for sale abroad. In order to tap into this financing small businesses can either sell directly to foreign buyers or they can work through an intermediary like an export management company which handles international sales.
About Mike Periu
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.