Did you know that over 90% of Pennsylvania companies that export are small to medium in size? The advantages of exporting include expansion of market share and the ability to increase the use of underutilized equipment. Expanding into less competitive foreign markets also helps to compensate for domestic competition. While exporting is becoming a necessity for some companies, it is not without risk.
If you have concerns about whether, when and how you will be paid for goods shipped abroad, National Penn Bank has the advice and tools you’re looking for to increase your sales and reduce your risk.