Export Development Canada (EDC) (edc.ca) provides trade finance and risk management services to Canadian exporters and investors
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Export Development Canada (EDC) (edc.ca) provides trade finance and risk management services to Canadian exporters and investors in up to 200 markets. Founded in 1944, EDC is a Crown corporation that operates as a commercial financial institution. One of their products is Equity Investments (edc.ca/EN/Our-Solutions/Pages/supply-chain-financing.aspx). This product allows a Canadian exporter to improve its financial efficiency of supply chain. Describe the advantage of this product vis-à-vis a more traditional line of credit (edc.ca/en/our-solutions/financing/foreign-buyer-financing/pages/lines of-credit.aspx).
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Line of Credit
A line of credit (LOC) is a preset borrowing limit that can be used at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again in the case of an open line of credit. A LOC is...
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The Equity Investment product offered by Export Development Canada ED C provides an advanta...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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