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Performance Security Guarantee Program (PSG)
Through the Performance Security Guarantee Program of EDC, Scotiabank can facilitate its customers' export transactions and ensure that the bank's risks are fully covered.
Foreign Exchange Facility Guarantee (FXG) Program
This product allows Scotiabank to replace the collateral requirements of a forward contracts facility with an unconditional EDC guarantee. Export Guarantee Program
This program is designed to help finance work-in-progress (WIP) financing needs for specific export contracts. It can also be used to support indirect exports (i.e. component sub-supply). Master Accounts Receivable Guarantee (MARG) Program
This program protects the Bank against a loss due to a customer's failure to pay their operating line of credit secured by the Exporter's foreign accounts receivable. EDC will guarantee 90% of the lesser of: the outstanding amount borrowed under the line of credit; or, the eligible foreign accounts receivable. Scotia Americas Capital Equipment (ACE) Purchase Program
In partnership with EDC, the Scotia Americas Capital Equipment Purchase Program provides foreign buyers of Canadian capital equipment with financing of up to 100% of the purchase price over a repayment period of 5 years.
Accounts Receivable Insurance (ARI) Program This program will protect the Exporter against non-payment of their accounts receivable for up to 90% of losses resulting from a wide range of commercial and political risks.
Financial Security Guarantee (FSG) FSG replaces the usual requirement for collateral needed by Canadian exporters to secure operating lines of credit with foreign banks or letters of guarantee for foreign customers. The guarantee is irrevocable and unconditional, protecting your investment.
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The description of products and services herein is for informational purposes only, subject to change without notice, and is not an offer to buy or sell products or services. EDC may cease access to any page at any time without notice and any access and use of this site is subject to the Terms of Use. All products and services are subject to the terms of the applicable agreements and policies. |
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