Trade finance

Get cash by selling your accounts receivables as soon as goods or services are delivered, without having to wait for the bill payment due date.

Factoring is primarily for growing businesses that want to get immediate cash for their accounts receivables.

How it works

• We purchase your receivables (up to 365 days) and see to their collection.
• You receive up to 100% of the amount less applicable fees.

Advantages

• Simple, quick and flexible additional source of liquidity
• Reduces the administrative burden of accounts receivable collections
• All the services you need under the same roof

Line of credit with a competitive interest rate that  can be used for operating costs or to meet specific needs.

Features

• Competitive interest rate applicable only on amount borrowed
• Can be paid back at anytime whenever you have cash inflows

Advantages

• Terms of use and payment terms tailored to your company
• Efficient cash management
• Allows you to meet day-to-day operating needs
• Helps you get supplier discounts
• Gives you the option of issuing cheques up to your authorized credit limit to avoid an insufficient funds situation
• Interest calculated only on credit amount used
• Automatic replenishment

Did you know?
We also offer major lines of credit for cross-border projects through Fédération des caisses Desjardins du Québec or its subsidiary, Fédération des caisses Desjardins du Québec U.S. Branch.

Fixed or variable interest rate loan to help you finance acquisitions in the U.S.

Features

• Fixed or variable rate
• Flexible payment options based on your needs

Advantages

• Allows you to purchase the equipment you need without impeding your cash flow
• Allows you to improve your financial structure so your company can grow

Did you know?
We also offer major lines of credit for cross-border projects through Fédération des caisses Desjardins du Québec or its subsidiary, Fédération des caisses Desjardins du Québec U.S. Branch.

Insurance, bonding and financing programs to expand trade in foreign markets.

Trade Expansion Lending Program (TELP)

This guarantee program, offered in partnership with Export Development Canada (page in French only) - External link., will help you get the financing you need to grow your business.

With the TELP, Export Development Canada shares the risk on your operating line of credit or eligible loan with us. You'll have quicker and easier access to increase your working capital to:

• Drive international growth
• Develop new markets more quickly
• Secure international investments
• Manage cash flow

The TELP is more specifically for the following Canadian companies:

• Direct exporters who distribute goods and services overseas (including the United States)
• Indirect exporters who provide goods and services to other Canadian companies who will then export those goods or services
• Future exporters who have obtained a first contract outside of Canada or prepared an export plan

Short-term financing

Allows you, as an exporter, to use your foreign accounts receivable to secure a line of credit or an increase to an existing line of credit.

Moreover, if you assign the proceeds of your accounts receivable insurance policy to us, we will finance your insured accounts receivables at even more attractive terms.

Your existing credit insurance allows you to:

• Get financing for up to 90% of your insured accounts receivables
• Get financing for accounts receivables with payments terms over 90 days

Offered in partnership with Export Development Canada.

Did you know?
Investissement Québec - External link. offers loans and guarantees to companies expanding their business into new markets.

Medium-term financing

Thanks to an agreement between the Fédération des caisses Desjardins du Québec and Northstar Trade Finance Inc., you, as an exporter, benefit from financing solutions for your foreign clients.

• Your foreign buyers can obtain medium-term loans at fixed interest rates in amounts varying from US$100,000 to US$5 million.
• For foreign buyers, this means predictable repayment terms.
• For you, it means a real advantage over your competitors since you help clients obtain the financing they need to purchase your goods and services.
• A sure and effective way to win sales with new foreign clients.