In the competitive global marketplace, every benefit you can offer your customers can help you make a sale. With Foreign Buyer Financing, even small- to medium-sized companies can offer financing to their customers, helping them to win more contracts in emerging markets.
- Pursue your export goals knowing you have an accessible and reliable source of cash.
- Offer your customer extended payment terms and competitive financing.
All the benefits of a cash sale
When we provide financing to your foreign customer, we take on the risk of non-payment. Funds are paid directly to you, so your business reaps the benefits of a cash sale.
Find flexible financing solutions
We offer a number of buyer financing solutions and we can customize them to meet your needs. Our repayment terms are flexible, typically ranging from two to five years.
Loans: We can provide loans directly to your foreign buyer. Or, if your customer needs consolidated financing, we may be able to help by participating in corporate loan facilities.
Lines of Credit: If your foreign buyer plans to buy repeatedly from you or other Canadian companies, we may be able to establish a line of credit for them. We also have lines of credit with financial institutions in many countries who can lend to your foreign customer.
- Bank Guarantees: We can work with your buyer’s financial institution to share risk by offering a guarantee. In the case of emerging markets, we also have a Bank Guarantee Program which is specifically designed for those markets.
We can provide financing to foreign buyers for purchases of capital goods and/or services from Canada which can be financed over a two to five year period. We require financial information on the foreign buyer and other documentation.
We offer competitive rates to borrowers based on credit quality, general market conditions, and the length of repayment terms being considered. An exposure fee may be charged in connection with our export financing, consistent with OECD guidelines.