🏠 | Loan | EDC Direct lending

EDC Direct lending

Amount:

No fixed amount

Type:

Loan

Description:

EDC can provide financing to Canadian exporters to help support their global expansion plans, allowing them to increase their capacity for trade and capitalize their strategic international growth plans. We work to fill the market gaps left by traditional financing lenders.

We provide patient, impactful, non-dilutive financial solutions for Canadian companies, their affiliate, or subsidiary, to scale operations in foreign jurisdictions.
We work on a non-competitive basis, collaborating with you and your lender.
Various financing structures are available, including syndications, clubs, bilateral term loans and guarantees.
Pricing will be market based, or—if appropriate—follow Organisation for Economic Co-operation and Development (OECD) consensus arrangement terms, and commensurate with risk.

Comments on Funding:

Deadline:

Continuous Intake

Eligibility:

Applicants must be:
1. Financing a foreign affiliate or subsidiary;
2. Foreign inventory or equipment; or
3. Foreign acquisitions.

For Mid-Marketing Lending:
1. Canadian exporting companies with revenues between $10 – $300 million, and a minimum transaction commitment of $1 million.

For Corporate Lending:
1. Canadian exporting companies with revenues exceeding $300 million.

Application Steps:

Applicants must:
1. contact EDC between 9 a.m. and 5 p.m. ET at 1-800-229-0575, OR
2. complete the online inquiry form at https://www.edc.ca/en/form/inquiry.html and one of EDC’s trade advisors will respond as quickly as possible.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.