EXPORT FINANCING ASSISTANCE PROGRAMS
At National Bank, exporters will find all the support services they need in order to develop their business in foreign markets. Our Managers - International Trade can evaluate your needs and recommend the financing program that suits you best.
Export credit – Investissement Québec
Foreign Exchange Facility Guarantee (FXG) – Export Development Canada (EDC)
Export Guarantee Program (EGP) – Export Development Canada (EDC)
Medium-term financing financing – Medium term – Northstar Trade Finance
Export credit - Investissement Québec
National Bank and Investissement Québec have teamed up to offer you a loan guarantee with the SME program.
Your company could be eligible if it directly or inderctly sells goods or services to clients outside Quebec. Eligible projects are the set-up or increase of a line of credit or the financing of specific contracts.
In addition, to help you better manage your profit margin and deal with unforeseen situations, you can take advantage of a foreign exchange line guaranteed* by Investissement Québec to hedge against exchange rate fluctuations.
Investissement Québec is a government agency that promotes investment in Quebec. It offers a wide array of financial solutions to businesses seeking to carry out their export projects and increase their productivity.
*Subject to certain applicable terms and conditions established by Investissement Québec.
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Foreign Exchange Facility Guarantee (FXG) – Export Development Canada (EDC)
This fully guaranteed, unconditional and irrevocable program was put in place for buying and selling currency forwards and foreign exchange derivatives.
Forward contracts concluded during the validity period in compliance with FXG terms and conditions remain eligible one to three years after the FXG program expires.
With FXG, you can pay your suppliers in advance without having to worry about losing money due to exchange rate fluctuations.
Export Development Canada (EDC) Canada's export credit agency, offers innovative financing, insurance and risk management solutions to help Canadian exporters and investors expand their operations abroad.
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Export Guarantee Program (EGP) – Export Development Canada (EDC)
This loan guarantee program can help you acquire additional financing to support your export operations or foreign investments. It can also be used to support indirect exports (e.g., subcontracting of components).
Under the program, National Bank and Export Development Canada share the risks associated with financing export contracts.
It is an excellent program for exporters who need to raise sufficient working capital to fund up-front costs associated with export contracts.
Export Development Canada (EDC) Canada's export credit agency, offers innovative financing, insurance and risk management solutions to help Canadian exporters and investors expand their operations abroad.
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Medium-term financing program – Northstar Trade Finance
Northstar makes it possible for you to offer medium-term financing (up to five years and a maximum amoubt of 5$ million) to your foreign buyers, making it easier for you to obtain contracts for the sale of your goods and services on external markets.
Northstar Trade Finance supports Canadian exporters by offering financing to their credit-worthy clients who seek to purchase eligible goods and services.
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