120.342—What are eligible uses of proceeds?
Loan proceeds may be used:
(a)
To acquire inventory;
(b)
To pay the manufacturing costs of goods for export;
(c)
To purchase goods or services for export;
(d)
To support standby letters of credit;
(e)
For pre-shipment working capital; and
(f)
For post-shipment foreign accounts receivable financing.