Newterra’s financing program offers our US and International customers the opportunity to obtain medium term loans for amounts up to USD $10 million to finance new equipment or facilities. We will tailor our financing packages to meet your needs.
Government Backed Financing
Elevate Export Finance, Newterra’s financing partner, brings together the export strengths of the Government of Canada through its partnership with Export Development Canada (EDC). As well, Elevate can leverage the expertise and resources of the private sector through its banking partners.
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If your company is less than three years old, the financial strength of the owners, partners or stockholders can be used to apply for purchase financing. Also, if your company is part of a larger organization, then other members of the organization may submit their financial statements to guarantee the loan.
Benefits to You
- Interest rates that are competitive or better than those in your local markets.
- Repayment terms that are tailored to suit your needs.
- Financing is in addition to your existing credit facilities.
- All loan negotiations will be handled by our financing partner, Elevate Export
- Finance, thus assuring confidentiality.
- Deal with financial experts who understand your business.
- Medium term loans – up to 5 years.
- Finance for purchases up to USD $10MM.
- Up to 85% of contract amount.
All credit evaluations are carried out by our financing partner, Elevate Export Finance, thus ensuring the strictest confidentiality. You will be in direct contact with Elevate and all information provided will be reviewed by Elevate and EDC’s employees only.