EDC — Structured and Project Finance
Highlights
This program is designed specifically for businesses like yours that are involved in large-scale global projects. It offers structured financing to help you execute complex, capital-intensive projects. With our support, you can secure the funding needed to move forward confidently.
Why Apply?
- Expert Guidance: Our team provides step-by-step guidance, partnering with you to advise, arrange, and underwrite financing.
- International Focus: Work with one of Canada's largest and most experienced internationally-focused project finance teams.
- Market Intelligence: Benefit from our extensive market, sector, and country expertise, ensuring you have the best information to make informed decisions.
What’s in it for You?
- Sector Expertise: Our specialists focus on sectors like renewables, energy, infrastructure, and extractive industries.
- Innovative Financing: Access innovative financing arrangements tailored to your project's needs.
- Economic Benefits: Projects supported by this program clearly demonstrate economic benefits to Canada, enhancing your project's value.
Qualifying for this program is straightforward, and our team is here to help you every step of the way. By being approved, you gain a reliable partner with a proven track record in financing some of the world's most challenging projects.
Financing Details
Type of Financing: Loan
Repayment Terms and Interest Rates:
- Repayment term: Up to 15 years.
- Interest rates: Competitive and based on market conditions. Fixed and floating rate options are available.
Eligible Expenses:
- Capital expenditures, including equipment and machinery.
- Infrastructure development.
- Renewable and sustainable technology projects.
- Energy, infrastructure, and extractive industry projects.
Use of Funds:
- Funds cannot be used for operational expenses or refinancing existing debts.
- Must be used for new projects that demonstrate economic benefits to Canada.
Fees:
- Application fee: $250.
- Documentation fee: $500.
- No additional fees for early repayment.
Qualifications
- Project must generate revenues of over $50 million.
- Must have export activities outside of Canada.
- Requires structured financing to execute a large-scale global project.
- Project must be in the extractive, power, utilities, infrastructure, or industrial sector.
- Project must clearly demonstrate economic benefits to Canada.
Description
This program offers your business access to substantial financing for large-scale international projects. You can receive funding for projects generating over $50 million in revenue. This is ideal if your business is involved in sectors like energy, infrastructure, or industrial projects.
The funds can be used for:
- Developing renewable energy projects
- Building infrastructure
- Expanding industrial operations
Key benefits include:
- Structured financing tailored to your project needs
- Expert guidance from one of Canada’s most experienced international project finance teams
- Market intelligence and sector expertise to support your project
This program is designed to help you execute complex projects with confidence. No payback period is specified, making it a flexible option for your business.
Program Steps
Create an Account: Sign up or log in to your MyEDC account on the EDC website.
Complete the Online Application Form: Fill out the application form with your business details and project information.
Prepare Documentation: Gather the necessary documents to support your application. These typically include:
- Business financial statements
- Business plan
- Project details and revenue projections
- Proof of export activities outside of Canada
- Evidence of economic benefits to Canada
Submit Documentation: Upload the prepared documents to your MyEDC account as part of your application.
Review and Confirm: Double-check all entered information and uploaded documents for accuracy. Confirm submission of your application.
Contact EDC for Assistance: If you have any questions or need further guidance, contact EDC's Structured and Project Finance team at 1-800-229-0575 or send a question through their online contact form.
Await Review: EDC will review your application and may contact you for additional information or clarification.
Approval and Agreement: If approved, discuss the final terms and conditions of the financing arrangement with EDC.
Receive Funds: Upon agreement, the funds will be disbursed to support your project.