Export Working Capital
Looking for export working capital? These government-backed programs are some good options.
The logical first step to take when seeking to finance your export sales is to approach the local commercial bank that you have established a relationship with. However, having export-related collateral can create a bit of a challenge as some commercial lenders may be hesitant to extend export finance when the loan application ties in with export-related collateral. Read More
Harmonized System 2022 Changes
The Harmonized Commodity Description and Coding System, known as the Harmonized System (HS), is a system developed to classify goods in shipments entering WCO member countries. The classification system assigns accurate duty rates on all imports and allows the trade flow to be tracked. Read More
Illinois’ State Trade and Export Promotion (ISTEP) Program Updates
If you are an Illinois exporter and have not heard of Illinois State Trade and Export Promotion (ISTEP) grant, you are missing out! To most active ITC clients, ISTEP has been one of the most utilized financial resources that provide Illinois’ small businesses with both financial and technical assistance to increase their exports. Read More
Travel Entry Requirements
Travel Internationally Post-COVID? Find Out About Entry Requirements Before You Start Packing.
COVID had put international travel to a halt. In the past 20 months, we all witnessed that many tradeshows/conferences had either been canceled or postponed aiming at preventing the transmission of the disease. Earlier this month, the U.S lifted the travel ban for fully vaccinated international travelers, after an almost 600-day restriction. The same thing is happening around the world- we are seeing more and more countries easing the entry policy, however, it is noteworthy that the entry requirements are varied by country. Read More
Developed in cooperation with the U.S. Small Business Administration, the Illinois Department of Commerce and Economic Opportunity, and College of DuPage as a service to Illinois businesses under cooperative agreement #SB-2M-00097-15.
Business Development Center
Illinois International Trade Center
535 Duane Street, Office 233
Glen Ellyn IL 60137
Regular Hours of Operation
Monday to Friday: 8:30 a.m. to 5 p.m.