Forms of Short-term Financing/Primary Difference Between Ex-Im Bank and the SBA

Primary Difference Between Ex-Im Bank and the SBA
The Ex-Im Bank program offers exporters more flexibility and a desire to see that businesses in the US create jobs and increase exports. They also offer short, medium, and long-term guarantee insurance and direct loan programs. The SBA generally works with small businesses, while Ex-Im Bank involves itself with Fortune 500 companies and larger.

The SBA defines a small business as one that is independently-owned and operated and not dominant in its field. A small business must also meet the employment or sales standards developed by the Small Business Administration based on the North American Industry Classification System (NAICS).