Affiliate Programs

Export Development Canada (EDC)

EDC is Canada’s official Export Credit Agency devoted exclusively to providing trade finance services to support Canadian exporters and investors in some 175 markets, 153 of which are in developing markets.

TD GTF maintains a long-standing relationship with EDC, and uses EDC services on a regular basis to support Canadian exporters.

US Ex-Im Bank

TD Securities’ Global Trade Finance team, through our New York, Houston, Toronto and Singapore offices, is the recognized expert at structuring US Ex-Im financing.

TD Securities, in close partnership with the Export-Import Bank of the United States, provides a wide range of financing solutions to support US export sales in emerging markets around the world. We are well-versed in applying all of US Ex-Im Bank insurance and guarantee programs to meet the needs of each individual transaction. TD’s goal is to provide cost-competitive customer finance solutions for US exporters.

Ex-Im Bank Buyer Credit (insurance or guarantee program) – Structured as a direct loan to the importers with terms generally ranging from 180 days to 8.5 years (depending on the nature of the goods and contract size). May be used to finance single export transactions or support an ongoing flow of export sales to a single importer (a Credit Guarantee Facility).

Ex-Im Bank Supplier Credit (insurance program) – Structured as a credit from the exporter to the importer with TD’s commitment to purchase this receivable under an Ex-Im insurance policy once the export has taken place. As under the Buyer Credit, the Supplier Credit may be used for individual sales and repetitive sales to a single customer. Additionally, the Supplier Credit may be structured to cover ongoing exporters to multiple buyers. Terms available for Supplier Credit normally range from 180 days up to five years. TD will also offer export letter of credit confirmations for transactions with payment terms of up to 360 days.

The European Bank for Reconstruction and Development (EBRD)

The European Bank for Reconstruction and Development (EBRD), was established in 1991, to support private sector development in democratic environments, from "central Europe to central Asia", and has been active in more than 27 countries to date.

The EBRD, owned by 60 countries and two intergovernmental agencies, uses investment to help build market economies and democracies, and has been a key partner for TD GTF in facilitating trade financing in various parts of central Europe and central Asia.

TD GTF’s relationship with the EBRD involves a Guarantee framework in which the EBRD supports the issuance of Trade Facilitation Program guarantees to suitable (as defined by EBRD) Confirming Banks for Emerging Market banks in Eastern Europe.

An Exporter would obtain the name of the bank (or banks) that their customer deals with, so that we may give an indication of acceptability for the EBRD Guarantee Program.

If the Bank is approved, next steps would be as follows:

1. Buyer should request their bank (Issuing Bank) to verify with EBRD if they would support the said transaction/term involved.
2. If EBRD is on side, the Issuing bank will send the Letter of Credit to us and simultaneously apply to EBRD to provide their Guarantee to us.

We would be happy to contact the Importer’s bank to investigate their willingness to work with us under the EBRD program, when we are provided with details of the transaction, subject to the consent of the Exporter. Please contact us for further information.