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Assistance Listing 10.610

Export Guarantee Program

AGRICULTURE, DEPARTMENT OF · Foreign Agricultural Service

Assistance Listing 10.610, “Export Guarantee Program,” is a federal program administered by AGRICULTURE, DEPARTMENT OF. It provides loan guarantee assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing. The agency reported $2.44B in obligations for fiscal year 2025.

Program objective

The U.S. Department of Agriculture's (USDA) Export Credit guarantee Program (GSM-102) provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products, while providing competitive credit terms to buyers. By reducing financial risk to lenders, credit guarantees encourage exports to buyers in countries, mainly developing countries that have sufficient financial strength to have foreign exchange available for scheduled payments. The program guarantees credit extended by the private banking sector in the U.S. (or, less commonly, by the U.S. exporter) to approved foreign banks using dollar-denominated, irrevocable letters of credit for purchases of U.S. food and agricultural products by foreign buyers. USDA's Foreign Agricultural Service (FAS) administers the program on behalf of the Commodity Credit Corporation (CCC), which issues the credit guarantees. GSM 102 covers credit terms of up to three years; maximum terms may vary by country.

As published in the SAM.gov Assistance Listing.

Current opportunities under 10.610

No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.

Eligible applicants (program level)

  • Unrestricted by Entity Type

Export Credit guarantee Program (GSM-102) provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products, while providing competitive credit terms to buyers. By reducing financial risk to lenders, credit guarantees encourage exports to buyers in countries, mainly developing countries, that have sufficient financial strength to have foreign exchange available for scheduled payments. This Program provides guarantees to lenders.

Intended beneficiaries: Federally Recognized Indian Tribal Governments, U.S. Territories, Farmer/Rancher/Agriculture Producer, Profit organization, Small business and Small Business Person.

Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.

Reported obligations by fiscal year

Historical data · not a prediction
FY24$2.64B
FY25$2.44B
FY26$5B est.
Source: SAM.gov Assistance Listing 10.610. Hatched bars are agency estimates. These totals do not indicate approval rates.

Frequently asked questions

What is ALN 10.610?

10.610 is the Assistance Listing Number for “Export Guarantee Program.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.

Who can apply under ALN 10.610?

The SAM.gov listing names these applicant types: Unrestricted by Entity Type. Each funding notice under the program sets its own eligibility, so check the specific opportunity.

How much funding does 10.610 provide?

The agency reported $2,444,469,382 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.