In addition to the previously highlighted Buyer Financing Program by Export Development Canada, The Export Guarantee Program can help Canadian exporters by providing additional financial support for export-related activities and/or foreign investments. The available support can vary from:
- Up to 100% for loans where Canadian companies are making direct investments abroad
- Up to 90% for guaranteed amounts up to and including $500,000
- Up to 75% for guaranteed amounts greater than $500,000 and up to $10 million.
Eligibility
Small- to medium-sized Canadian companies with export-related or foreign investments activities can inquire about this program. The export activities must be in compliance with EDC’s environmental and Canadian Benefitis policies. Financial institutions must be willing to establish a credit arrangement with your company and participate in the financing.
Next Steps
Eligible exporters should contact their financial institution to understand their willingness to participate in the program. After achieving permission from your financial institution, contact Mentor Works for more information and support in applying for this program.