Pre-Shipment Financing
Through its Pre-Shipment Financing guarantee, EDC encourages Canadian financial institutions to advance pre-shipment loans to Canadian companies exporting goods or services, then covers up to 75 percent of loan value.Business Benefits
- Capacity: Pre-Shipment Financing gives Canadian companies the financial strength to close and fulfill international deals.
- Business development: By accessing the working capital to fund the upfront costs associated with an export contract, Canadian companies can reserve their existing operating lines for new business development.
Coverage Details
Qualification Criteria
Cost
More information
Contact Us
To learn more about Pre-Shipment Financing, complete our contact us form or call
1-866-283-2957 weekdays between 8 a.m. and 6 p.m. EST.
Coverage Details
Pre-Shipment Financing can cover up to 75 percent of a bank loan, to a maximum of 100 percent of the direct costs (excluding overhead) associated with contract fulfillment. Pre-Shipment Financing is available for export contracts that involve capital, non-capital or knowledge-based business goods and services.
Qualification Criteria
To qualify, your bank must be willing to participate and must establish a credit arrangement with your company.
Cost
The cost of EDC’s guarantee includes the bank’s interest spread on the loan and a percentage of the bank’s setup fees.
More information
Pre-Shipment Financing brochure (PDF Format)
Call 1-866-283-2957 weekdays between 8 a.m. to 6 p.m. EST
Complete our contact us form
