NEW YORK, US - ExportBoost(TM) - a new service guaranteed to help small and mid-size companies to at least double their present exports in 18 months - is being unveiled today by the Broad Street Capital Group ("BSCG") at the Annual Conference of the Export - Import Bank of the United States ("US ExIm Bank").
Specifically developed for US manufacturers and distributors with revenues of betwe en $5 and $750 million and for providers of professional services, ExportBoost(TM) uses proprietary export building methodology and tools such as: Fi3E(TM) Export Indices, XPORTINSURE(TM), FinanceABLE(TM) and EZShip(TM) that were developed by BSCG's subsidiaries Fluent In Foreign Academy(TM), Amex Import Export and Broad Street Capital to greatly simplify export operations and mitigate international business risks.
"There are enormous opportunities for companies both large and small, to sell goods and services overseas," said Alexander Gordin, Managing Director of The Broad Street Capital Group and Author of the book Fluent In Foreign Business. " 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. Thus ExportBoost(TM) 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. ExportBoost 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(TM) on its client's behalf. In either case, the clients are offered a unique guarantee, should they follow the program and their exports do not at least double in 18months, Broad Street Capital Group will refund all the fees paid by the clients for the ExportBoost(TM) service.
ExportBoost(TM) is the first product of the very ambitious project being developed by the Broad Street Capital Group and its partners to greatly streamline international trading operations. The project codenamed "Barbell" is scheduled to be unveiled at the Broad Street's annual conference later this year.
Based in the heart of New York City's financial district and serving business community since 1988, Broad Street Capital Group is a private merchant bank providing strategic international business development, cross-border financing, risk mitigation and export management services. The firm's professionals have extensive expertise in working with all trade and development agencies of the US government, in developing and financing complex export transactions and projects. Utilizing unique Develop, Finance Supply and Insure(TM) approach to international business Broad Street Capital provides coverage in 180 countries earning it a moniker of the "Merchant Bankers to the World.
