With our Accounts Receivable Insurance in place, your bank or a financial institution specializing in factoring may be willing to purchase some or all of your foreign trade receivables for cash—giving you working capital and the cash flow you need to run your business.
Several financial institutions have their own insurance policies with EDC to facilitate the discounting of receivables. Some institutions offer other services in collaboration with EDC that may be useful to your business. Below is a list of some of these financial institutions. Please contact them directly to find out more details:
Accord Financial
Visit Accord Financial’s website or call them at 1-800-967-0015 or 1-800-231-2977.
BNP Paribas
Visit BNP Paribas's website or call them at 514-285-2935 or 514-285-6110.
Brome Capital
Visit Brome Capital’s website or call them at 1-888-878-9485.
Desjardins
Visit Desjardins’s website or call them at 1-800-508-2874.
Exportbank
Visit Exportbank’s website or call them at 1-800-249-6284.
HSBC
Visit HSBC’s website or contact your nearest HSBC branch for details.
Maple Trade Finance
Visit Maple Trade Finance’s website or call them at 902-444-5566.
National Bank of Canada
Visit National Bank of Canada’s website or contact your local National Bank of Canada branch for details.