Canadian companies often cite lack of financing as one of the key barriers to managing their cash flow and implementing their growth and expansion plans. In fact, as part of the EDC Research Panel*, 86 per cent of those who have made business investments abroad said they use company cash to fund the investment with another 38 per cent reporting that they borrowed the cash in Canada for this purpose.
Lack of financing doesn’t have to stand your way. When you need to break into a new market, fill an order, or participate in a large-scale global project, our financing solutions can help you access a reliable source of working capital-and keep your sales cycle running smoothly.
I need access to a larger operating line but my bank is not comfortable on its own
Our Export Guarantee Program provides a guarantee to your bank so you can access more working capital to get the job done.
I need to provide my customer with a financing proposal
Arranging financing for your customers is an important part of your sales plan. With our Foreign Buyer Financing, we can provide financing directly to your foreign customer, giving you the benefits of a cash sale.
I am mid-sized company with a strong business position in Canada, looking for support for a potential investment in foreign assets
If you are a mid-size company with a solid financial profile looking to invest internationally, we can consider, with the support of your financial institution, a direct loan to finance foreign assets under our Foreign Investment Financing solution.
In our experience, the transactional costs of doing small international loans (less than $1 million) typically outweigh the benefits. For these smaller transactions, solutions other than direct loans can be explored, such as our export guarantee, bonding, or insurance programs.
Our support will depend on the need and we will aim to fund a solution that is best for all parties including you and your bank.
*The EDC Research Panel is comprised of about 1,000 Canadian businesses that export or plan to export, and comprise a cross-section of industry sectors, regions and business sizes. Not all panelists respond to all surveys.