Export Express Credit provides unsecured loans of up to $50 000 with flexible repayment terms of up to two years. The program is designed for Canadian exporting companies with annual sales of less than $5 million.
No pledge of company or personal assets is required to qualify and there are no penalties for early pay back.
EDC and Mercantile Finance Services Ltd. have partnered to create a new unsecured small business loan program. Mercantile is a private Canadian-owned company that provides financial services to Canadian companies with a desire to grow their export business.
Business Benefits :
Tailored to small business: An unsecured export credit loan program designed for companies working hard to grow their export business but with little access to the cash they need to deliver.
Flexible: Total flexibility on how you use your loan to grow your business outside of Canada.
Fast: A simplified application process and policy make it quick and easy to use. Approval may be granted in as little as 24 hours.
New Brunswick Contact(s):
See National Contact.