Export Credit Guarantee Program (GSM-102)
The GSM-102 program provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products. 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 is available to exporters of:
- high-value, consumer-oriented, processed products such as frozen foods, fresh produce, meats, condiments, wine and beer;
- intermediate products such as hides, flour and paper products; and
- bulk products such as grains, oilseeds and rice.
How to Apply
Application Deadline: Sep 30, 2025
Status: Open
New to the Program?
- Start by registering in SAM.gov
- After you are successfully registered, submit the Exporter Qualification Application
- Once approved, create a USDA eAuthentication account by visiting https://www.eauth.usda.gov/ and follow the steps in the FAQ to verify your identity.
- Once your account is activated, you will be able to access the GSM Online System. Each person in your organization who uses the system must obtain an eAuthentication ID. Please do not share your User ID and password with anyone.
Already Enrolled?
- Go directly to the GSM Online System.
If you have questions about the GSM Online System, email gsm.registrations@usda.gov.
Resources
Regulations
Federal Register Notices
Program Notices
Policies & Procedures
News and Features
On October 7, 2024, the U.S. Department of Agriculture announced availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2025.
On May 15, 2024, the U.S. Department of Agriculture announced increased availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2024.
On October 6, 2023, the U.S. Department of Agriculture announced availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2024.