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