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Get Customer Financing Guarantee - Application For Non-binding Indication - Export Development Canada
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How to fill out the Customer Financing Guarantee - Application For Non-Binding Indication - Export Development Canada online
This guide will help you navigate the process of completing the Customer Financing Guarantee - Application For Non-Binding Indication offered by Export Development Canada. By following these steps carefully, you can ensure that your application is completed accurately and submitted efficiently.
Follow the steps to effectively fill out the form.
- Click the ‘Get Form’ button to obtain the application form in the online editor. Ensure you have access to all necessary documents before starting the completion process.
- Fill out all fields in Sections A, B, and C of the form. In Section A, include the legal names, addresses, and contact information for all parties involved, such as the lender, exporter, buyer, and any guarantors. Ensure that you provide accurate and complete information for prompt processing.
- In Section B, describe the transaction details, including the stage of the contract proposal and specifics about the goods and services being purchased. Clearly outline any material terms and provide information about the buyer's industry.
- Complete the financing information by detailing the loan structure, repayment terms, and any related risks. This includes specifying the currency, drawdown period, and payment frequency.
- After filling out all necessary sections, review your application for accuracy. Ensure that all information is complete to prevent delays during the processing.
- Submit your completed application form along with the borrower’s most recent three years of fiscal financial statements. You can send the documents to your EDC representative via email or fax.
- Once submitted, EDC typically processes applications within five business days. Be prepared to provide additional information if requested by EDC.
- After processing, you will receive a non-binding indication. This document is for discussion purposes only and does not constitute a commitment from EDC.
- Finally, ensure you keep a copy of your application. You can save it, download it, print it, or share it as needed.
Start filling out your application for the Customer Financing Guarantee now!
EDC provides trade credit insurance and export financial services, bonding products and small business solutions to Canadian exporters and investors and their international buyers. EDC also supports Canadian direct investment abroad and investment into Canada.
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