Financial Support For the Export Process

http://hr-dep.web.cern.ch

There are many organizations that provide financial support for companies looking to export globally. Export Development Canada offers programs that would benefit companies looking to export internationally (EDC, n.d). It would be possible for Cole Parmer to receive financial support from their bank if they qualified for EDC support (EDC, n.d). The solutions provided by EDC would assist in lowering the bank’s risk and make it easier for them to want to lend the company money (EDC, n.d). There are also a large number of programs offered by the Government of Canada that would help the company financially (Government of Canada, n.d). The CanExport program specifically allows the company to receive a sum of money to reimburse up to half of their expenses so they can promote their business internationally (Government of Canada, n.d).