Lines of Credit
Lines of Credit provide easy access to financing when you need it. Once a line of credit is established, the pre-determined financing terms and procedures streamline access to financing.This structure is particularly suitable for foreign companies looking to repeatedly buy goods and/or services from one or several Canadian suppliers.
We also have established lines of credit with financial institutions that can on-lend money to foreign buyers of Canadian goods and/or services. Such lines of credit are particularly suitable for smaller transactions.
Qualification
Lines of credit can be established for international companies that buy capital goods and/or services repeatedly from Canada. A financial institution that would like to on-lend to foreign buyers of Canadian goods and/or services can also inquire about establishing a line of credit with us. Certain documentation is required.
Cost
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.
More information
Existing lines of credit
If you have an inquiry, complete our Contact Us form.
If you are already working with a Canadian supplier, complete our Financing Inquiry Form.
Important Information
The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.
