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If you are expanding operations into new markets, Scotiabank can assist by providing financing to your foreign operations.
New subsidiaries often have a small asset base, which can make it difficult to access financing. Through our Subsidiary Financing program, Scotiabank can provide your foreign operations with the financial strength necessary to successfully grow and compete in their local market.
- Term loan or working capital facilities offered in local currency or U.S. dollars, in over 40 countries around the world.
- Provides your foreign subsidiary with access to financing that may not be available from a local bank.
- Financing can be guaranteed by Export Development Canada’s Financial Guarantee Program¹ to provide your subsidiary with cash resources without using additional capital or credit facilities in Canada.
For more information about subsidiary financing, please speak to your Relationship Manager or contact us.
1 Subject to meeting eligibility criteria.
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