NORTHSTAR's services benefit Canadian Exporters in several ways:

• Exporters can include a Financing Term Paper from NORTHSTAR as part of their marketing package, this can be a valuable tool to their sales force


• Buyer financing is available even for sales of relatively low dollar value


• Funds are payable to the exporter directly, and NORTHSTAR assumes the buyer risk


• Financing provided to the buyers is non-recourse to the Canadian exporter provided the exporter has fulfilled his obligation under the contract of sale with the buyer


• Exporters receive payment in full from NORTHSTAR within ten days of shipment


• The exporter's lines of credit are not affected by NORTHSTAR's financing.


• Loan documentation is standardized for greater efficiency and lower cost


• NORTHSTAR offers a quick turnaround of applications for buyer financing (within ten business days of submitting a complete application)

Step One

Contact NORTHSTAR when negotiating an export contract that may require financing. A complimentary letter of intent can be issued to you by NORTHSTAR to assist in negotiations with your foreign buyer. Please contact Patrick Nguyen at pnguyen@nstfglobal.com for assistance.

Step Two

Complete the Exporter application form (see below) when you have a final deal with your foreign buyer. Submit the application via the online application, by facsimile or mail directly to QGS. Include all supporting documentation:

• Financial and corporate information about your foreign buyer (may be forwarded to NORTHSTAR by your buyer directly)


• A copy of the export contract or proposed export contract


• Canadian Benefits Report to confirm Canadian content requirements (available on our website)


• A cheque for $300 (plus GST / HST)

• When complete, please attach all documents and send them to pnguyen@nstfglobal.com

Step Three

Once your application is approved, NORTHSTAR will issue an Offer Letter to your foreign buyer. If accepted, NORTHSTAR will enter into a loan agreement with the buyer. Once the acceptance of the exported goods is completed, including all sales conditions, NORTHSTAR will issue a cheque directly to you for the amount financed from the invoice. NORTHSTAR will then collect loan repayments directly from your buyer.