Foreign Buyer Financing
EDC offers a range of financing solutions for foreign buyers of Canadian capital goods and services.Business Benefits
- Increased Opportunity: Canadian companies can win more business by offering their foreign customers flexible financing and payment options.
- Peace of mind: Canadian companies can secure cash sales while EDC assumes the risk of non-payment by foreign customers.
- Direct access: Foreign customers can access loans directly from EDC or through one of our financial partners.
- Flexibility: EDC can lend funds in any major international currency and will consider transactions of any size.
Coverage Details
Qualification Criteria
Cost
More information
Contact Us
To learn more about Foreign Buyer Financing, complete our contact us form or call 1-866-283-2957 weekdays between 8 a.m. and 6 p.m. EST.
EDC lends to foreign companies, governments and agencies, subject to their credit worthiness. If a foreign customer does not meet all the criteria, we may still be able to lend to them through a local bank.
Generally, our financing solutions provide one- to 10-year coverage for up to 85 percent of the value of your sale. Since time and process vary with the complexity of the sale or loan, we strongly recommend contacting EDC as early as possible in order to be able to arrive at the best possible solution for all parties.
Qualification Criteria
EDC can work with a company of any size, operating in any economic sector anywhere in Canada. EDC financing is generally available for export contracts covering capital goods, quasi-capital goods or certain related services.
EDC can lend to any buyer of Canadian goods and/or services for a transaction that
clearly demonstrates economic benefits for Canada. In addition, the foreign company must have been in business for at least two years, and have a proven financial track record with positive cash flow and a healthy balance sheet. To assess a financing proposal, EDC requires specific documentation.
Cost
EDC offers 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 regulations.
More information
Call 1-866-283-2957, weekdays between 8 a.m. to 6 p.m. EST.
Complete our contact us form
Simplified Buyer Financing Solutions Brochure (PDF Format)
