Incentives

Export Finance Program (EFP)

Provides small businesses with access to pre-export working capital and post-export accounts receivable financing through a direct loan program.

Eligibility: Small businesses (250 employees or less) exporting goods or services internationally

Uses: Working capital financing; accounts receivable financing; revolving lines of credit

Amounts: Working Capital Loans: Up to $350,000 or 50% of total eligible project costs, whichever is less; Accounts Receivable Loans: Up to $350,000 or 85% of eligible project costs

Terms: Working Capital Loans: Up to 12-month term; Interest rate is 3.75% per annum –
Accounts Receivable Loans: Up to 12-month term; Interest rate is 3.75% per annum

Back to Incentives