U.S. Department of Agriculture Approves WBC for CCC Export Loan Programs

Sep 06, 2017

HARTFORD, CONNECTICUT, September 6, 2017 – WorldBusiness Capital, Inc. (WBC) announced that it has been approved by the U.S. Department of Agriculture (USDA) as a participating U.S. Financial Institution eligible to finance U.S. agricultural commodity exports and related facilities in emerging markets using federal loan guarantees. WBC becomes one of only 6 financial institutions in the country approved to access both the Export Credit Guarantee Program (GSM-102) and Facility Guarantee Program (FGP), which USDA’s Foreign Agricultural Service administers on behalf of the federal Commodity Credit Corporation (CCC), which issues the credit guarantees.

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