New York-based The Broad Street Capital this week introduced a new service it says will help small and mid-size companies to more than double their present exports within 18 months.
The product, GroupExportBoost, was at the Annual Conference of the Export-Import Bank of the United States, and was specifically developed for U.S. manufacturers and distributors with revenues of between $5 million and $750 million and for providers of professional services.
“There are enormous opportunities for companies, both large and small, to sell goods and services overseas,” said Alexander Gordin, managing director of Broad Street Capital. “Expanded exports represent amazing possibilities, not only to help companies grow their profits and shareholder returns, but also to benefit our nation’s economy by creating new jobs and generating additional tax revenues.
“President Obama’s National Export Initiative has served as a catalyst to spur job growth and led to a resurgence of manufacturing activity. More needs to be done, and companies should focus on exports as a fundamental part of their business activities rather than an afterthought.”
Gordin said ExportBoost was designed to help small and medium companies who are either experienced exporters or just looking to start their international expansion to significantly grow their exports.
The service has two tiers — one where the exporter is guided by the Broad Street Capital’s professionals and implements the program internally, and the second, where Broad Street Capital Group implements ExportBoost on its client’s behalf.
Broad Street Capital Group says it will refund all the fees paid by the clients for the ExportBoost service if it the client doesn’t double its exports within 18 months, assuming they follow the program.
New Broad Street service aimed at helping small companies double exports
