The Department of Commerce?s U.S. Commercial Service announced a new initiatives with M&T Bank that will encourage export growth from U.S.-based small- and medium-sized enterprises and to expand the financing available to foreign buyers of U.S. capital goods and services.

As part of the agreement, M&T Bank will be informing its customers about the services offered by the U.S. Commercial Service?s worldwide network, including 109 U.S. Export Assistance Centers and locations at 80 U.S. embassies, a release stated.