Canadian Manufacturing Companies Benefit from the EDC’s Financing of 10 M USD to Turkish Leasing Company

Turkeys-Demand-for-Canadian-Industrial-Equipment-Supported-by-EDC-SCACLIca-300x199Export Development Canada (EDC) announced last month that it has provided a 10 M USD line of credit to Turkish leasing company Ak Finansal Kiralama (AkLease), which will be used to provide financing to Turkish companies acquiring equipment from Canadian manufacturers.

“This partnership with AkLease will undoubtedly make it easier for Canadian companies to win new equipment leasing business in the booming Turkish market,” comments Laurent Montignon, CEO of Sea Cargo Air Cargo Logistics Inc, an industry leader in international Freight Forwarding.

In a statement issued by the EDC in March, 2014, they stated that the “EDC has been working with AkLease and their customers for many years, and we see this formal financing agreement as the next logical step in connecting Canadian equipment with new Turkish buyers.”

Turkey’s increasing demand for Canadian-made equipment and machinery precipitated EDC’s interests in deepening its relationship with AkLease. “Since the implementation of Turkey Customs Advanced Cargo Declaration, the customs process has been simplified for all shipments entering Turkish Customs Territory,”says Montignon, “SCACLI has seen a significant increase in oversized equipment being shipped to Turkey by our Canadian customers in the last few months.  We are now shipping weekly in to the Ports of Alemdar, Ambarli,Bandirma, Derince, Istanbul Haydarpasa, Kumport, Tekirdag” adds Montignon.

Canada has a relatively strong commercial relationship with Turkey, Truck driving are designed to help students obtain their Class A Commercial Driver’s . the world”s 17th largest economy, a G20 member, and the third most populous nation in Europe (74.0 million) after Germany and Russia. Given its strategic geographic location and negotiated trade agreements, Turkey offers excellent access to markets in Europe (including preferential Customs Union access to the European Union), Central Asia and the Middle East.

Canada-Turkey bilateral merchandise trade stood at $2.3 billion in 2012. Turkey is Canada’s 34th largest trading partner. Canadian merchandise exports to Turkey were $850 million in 2012, and consisted mainly of mineral fuels and oils, iron and steel, and vegetables. Supply chain opportunities now exist in a number of Turkish sectors, including energy, information and communication technology, mining, education and infrastructure.

Turkey is developing an ambitious plan to become a top ten economy by 2023.  The Turkish Government recently announced EUR 100 B in infrastructure projects over the next five years.  EDC’s partnership with AkLease will allow Canadian companies the opportunity to supply the necessary equipment and machinery to local companies contracted to deliver on these projects.

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Access commercial information about Turkey.

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TESTIMONIALS

Ray Jacobs Machinery Co.

(The) Sea Cargo Air Cargo team has handled our shipping requirements by all modes of transport throughout the world for 15 years now. Our equipment’s are most of the time dimensionally out of gauge and therefore not the easiest to ship. The Sea Cargo Air Cargo team … have proven themselves throughout the years to be extremely knowledgeable and competent regardless of how complicated our shipments may be. We… recommend them to anyone who requires an experienced and qualified project freight forwarder.

~Raymond J.
(metalworking machinery dealer and broker relocating equipment worldwide)

Heather L.

We have had the pleasure to use Sea Cargo Air Cargo Logistics Inc to handle our shipping needs and export globally to some difficult areas. With their friendly staff, we are always confident that they will provide the most professional service and make sure that every aspect of shipping is handled properly.

With their resources and years of accomplishments it makes easy when choosing a freight forwarder to handle our shipments correctly and to the laws and regulations of shipping.

I would highly recommend Sea Cargo Air Cargo Logistics Inc as an international freight forwarder every time.

Heather L.
Director of Export

Techflow Design & Manufacturing Inc.

As a company that manufactures and ships overseas, it would not have been made seamless without the help of Sea Cargo Air Cargo. Your team is always ready and willing to answer questions and to keep us informed with up to date regulations and changes. You strive to ensure that our freight arrives to its destination the best way possible without complication.

Mike B.
(design, manufacture and ship overseas)

Sleeman Breweries Ltd.

We appreciate Sea Cargo for their valuable services for inbound sea freight and road transport.  Recently, we had to rush a shipment of a dangerous good to one of our facilities.  Sea Cargo was able to provide the necessary documentation accurately and arrange the courier to meet our very tight timeline.  It is a pleasure to work with professional top-notch people. They are prompt to return calls and e-mails and provide updates on our shipments and inquiries.

Jane J., National Procurement Manager
(major brewery)

Greg K.

We put SCACLI to the test numerous times – tight shipping windows, unusual cargo, challenging countries – they always exceed expectations.

~Greg K., Vice President
(interactive exhibitions worldwide)

Hockey Hall of Fame

"The Hockey Hall of Fame has been working with "scac" for years. Their service has always been reliable and a perfect fit for our needs"

Phil P.,
Hockey Hall of Fame

Team Machine Tools Inc.

Sea Cargo Air Cargo Logistics Inc has handled our shipping requirements for exports and imports throughout the world for many years now. All our cargo is shipped to some of the most remote places around the world and SCACLI was always able to source out an options for us….Their staff is able to accommodate all shipment no matter how complicated or to where in the world we need to send our equipment. I would highly recommend Sea Cargo Air Cargo Logistics Inc as an international freight forwarder and ship chartering experts.

Cam A., Sales Manager
(Relocate machinery and entire plants)

VX-LLC

Sear Cargo Air Cargo team has handled our shipping requirements by all modes of transport throughout the world for 15 years now. Our equipment’s are most of the time dimensional out of gauge not the easiest to ship. The Sea Cargo Air Cargo team has always tried very hard to accommodate all our requirements. They have proven themselves through the years to be extremely knowledgeable and competent regardless off how complicated our shipments may be. We will continue to work with this team for many more years and recommend them regularly to anyone who requires an experienced and qualified project freight forwarder.

John V. D.,
(specialize in the buying and selling of used equipment)

Innovative Steam Technologies

We have been utilizing the services of SCACLI for shipping our heavy lift and dimensional cargo overseas. This requires knowledge of dimensional rail transportation, technical knowledge at port of origin and destination as well as ship chartering. .. They are proactive in sourcing the best possible charter for our requirements and ensuring that it is monitored throughout the whole shipping process.

David L., P.Eng.
, Project Manager
(steam technology company)

Wilcox Canada

Sea Cargo provides professional and courteous support to our customer service team along with our international distributors. As a freight agent the staff is efficient, detail oriented, and offers outstanding customer service support which is sometimes difficult to locate when exporting worldwide. We have all come to rely and depend on their knowledge and expertise in assisting with shipments and documentation to various countries allowing Richards-Wilcox to conduct smooth business relations with our international dealers.

Nadine F., Export Administrator
(garage door and hardware manufacturer)

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