Export SMEs can now benefit from additional export financing services through a new agreement reached between Caisse centrale Desjardins, Desjardins Group's financial agent, and Northstar Trade Finance Inc. (Northstar). The alliance enables Caisse centrale and the Desjardins network to broaden its service offering to businesses, both nationally and internationally.
Thanks to this agreement with Northstar, the Desjardins network of Corporate Financial Centres and Caisse centrale will be able to offer export businesses medium-term financing solutions for their foreign customers. That way, buyers can take advantage of medium-term, fixed-interest loans ranging from US$100,000 to US$5 million. These loans are insured by Export Development Canada (EDC), a federal government agency.
