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Through our partnership with Export Development Canada (EDC), Scotiabank is able to share financial risk and create programs that address the needs of exporters looking to grow their businesses. Together we can provide financing to small and medium sized exporters across Canada through the Small and Medium Enterprise (SME) Working Capital Program.
Issuing contract bonds in the form of a bank guarantee on your behalf is an everyday practice for Canadian exporters. Through EDC’s Performance Security Guarantee Program, Scotiabank can facilitate your export transactions, by issuing your bank guarantees without tying up your cash.
Canadian exporters of capital goods can also expand their own trading opportunities by helping their customers access medium term financing. In partnership with EDC, the Scotia Americas Capital Equipment Purchase Program provides foreign buyers of Canadian capital equipment with financing of up to 100% of the purchase price over a repayment period of up to 5 years. The program is offered to buyers in Chile, El Salvador, Jamaica, Mexico, Trinidad, Tobago and Peru.
For more information about these and other programs, please speak to your Relationship Manager or contact us.
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