To create more capacity in the marketplace, we have partnered with Canada’s financial institutions so that they can provide you with the financing solutions you need to support your domestic business. This was made possible when the Government of Canada extended our ability to provide this support. Our domestic powers have been extended by another year to March 12, 2014 or until such time that new regulations are adopted.
Our domestic financing is available to qualified Canadian companies involved in trade-related sectors of the economy in the form of direct loans, co-lending or guarantees.
Export Guarantee Program
We can also support your financing needs through our Export Guarantee Program (EGP), which provides a guarantee to your financial institution so they can extend additional credit to you. The program is now available for Canadian companies involved in export trade who may not meet our traditional exporter criteria of $5 million in export sales or 15 per cent of total sales derived from exports.
Guidelines and eligibility
- Your financial institution must be willing to establish a credit arrangement with you and participate in the financing.
- Our financing support is largely directed at trade-related sectors of the economy where we can bring its expertise such as transportation, mining, resources, light manufacturing, and information technology.
- We won’t participate in equity for domestic-oriented companies.
- Transactions in specialized sectors of retail, wholesale, tourism, entertainment, real estate and certain Infrastructure projects such as hospitals and schools are not eligible for support.