§ 120.346. Eligibility.
72 words·~1 min read·
/us/cfr/t13/s§ 120.346·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)An applicant must establish that:
(1)The loan proceeds will significantly expand an existing export market or develop new export markets; or
(2)The applicant business is adversely affected by import competition; and
(3)The loan will improve the applicant's competitive position.
(b)The applicant must have a business plan reasonably supporting its projected export sales. \[61 FR 3235, Jan. 31, 1996, as amended at 76 FR 63546, Oct. 12, 2011\]