ExportBank Canada

Canadian with a global reach

We're headquartered in Canada but our focus is much broader. For the past two decades we've been providing financial services in much of the world. We have associated offices in 14 countries and across the USA. Receivable Financing (factoring) is our specialty. If your business has receivables that you'd like to turn into cash flow now at the best rates, then contact us info@exportbank.ca or call us in the USA & Canada 1 800 808-8802 and from anywhere in the world at 1 519 729-4279

Associated offices in Canada, England, Scotland, Ireland, Poland, Germany, France, Czech Republic, Sweden, Slovakia, Australia, Hong Kong, India, New Zealand, USA

We offer Receivable Financing Facilities from $50,000 to $10,000,000.

Committed to helping businesses grow

Exportbank's (EBC) commitment to our government is to help businesses succeed around the world. Since 1974, we've funded over 100,000 invoices and contracts and served as that all-important source of stable cash flow for companies just like yours. Our mandate is to help your business receive the financing you need to grow.

What do we do?

The majority of our clients use us to factor their invoices or to arrange purchase order financing. These two services are what most business owners and CFOs need. We can also assist with Letters of Credit and Vendor Guarantees.

Smaller Businesses:

Many businesses don't require receivable funding commitments as large as $50,000. We also provide factoring services to companies with receivables in the $2,500 and above range. If you have good customers and need those receivables turned into money now, contact our small business specialist julia@exportbank.ca

Factoring is the financial world's most frequently used service.
Every time you use a credit card, a factoring transaction has occurred. The credit card company guarantees immediate payment to the merchant and in exchange, the merchant accepts a lower amount (you charge $100, the merchant gets $97). The credit card company keeps the difference as their factoring fee.

How to start

Send an introductory email, letter or use our online form. Include...

  • Your business name, your name and contact information
  • A brief description of your business and what you need from EBC
  • Your monthly sales
  • Provide the name of the country your customer is in and the currency of the transaction (CDN, USD, Euro, Yen etc.).
  • Email info@exportbank.ca, fax 1.800.598.6222 or call 1.800.808.8802.

Factoring is a form of Receivable Financing

You've sold products or supplied services or intellectual property and now you're ready to invoice your client. We will advance you funds (up to 90%) against that invoice based on the good credit of your customer. You get paid right away and we manage the invoice payment from your customer.

What is the cost?

For ongoing transactions, we can offer discount rates as low as 00.39% per 7 day period (about 1/3 of 1%). For very large dollar volumes, we can implement a Prime Rate Plus pricing model. Contact us. We can give you a quote best suited to your business model. There are cost examples throughout this website.

Private Banker

We also act as a private banker in business transactions. Our website is a reflection of our philosophy - simple and to the point. Just call 1 800 808-8802 or email us. We're very good at responding. If you're outside North America, call 1 519 729-4279.

 

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