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Capital Crunch


This story appears in the January 1996 issue of Entrepreneur. Subscribe »

When Ron Baker, president of CCA Electronics Inc. in Atlanta, wanted to expand his export business in 1990, the Small Business Administration (SBA) came to the rescue. It offered Baker's bank a guarantee on the $400,000 loan it extended to CCA, thanks to a program called the Export Working Capital Program, or EWCP (then called the Export Revolving Line of Credit).

"Without the EWCP, we would have been out of business a long time ago," says Baker. "The EWCP is essential for small business."

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