---
kind: "section"
citation: "13 C.F.R. § 120.346"
title: "13"
number: "120.346"
heading: "Eligibility."
url: "https://uscodex.org/cfr/13/120.346"
---

# §120.346. Eligibility.

- (a) An applicant must establish that:
  - (1) The loan proceeds will significantly expand an existing export market or develop new export markets; or
  - (2) The applicant business is adversely affected by import competition; and
  - (3) The loan will improve the applicant's competitive position.
- (b) The applicant must have a business plan reasonably supporting its projected export sales.

## Notes

### Amendments

[61 FR 3235, Jan. 31, 1996, as amended at 76 FR 63546, Oct. 12, 2011]

### Authority

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.

### Source

Source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.

### Amendments

[61 FR 3235, Jan. 31, 1996, as amended at 76 FR 63546, Oct. 12, 2011]