Thank you.
I can add some colour to the comment.
It's not a threshold as much as it's the purpose of the financing. If the purpose of the financing is to buy a competitor in another jurisdiction, then it could be either through use of equity or debt financing. If the purpose is to have working capital, that's another good example of working with EDC, where they can insure the export and we can finance the working capital. It's a collaboration of where the skill set is best addressed.
Growing companies in Canada, as they expand abroad, is difficult in terms of knowledge of the market. BDC is very hands-on in helping to do a diagnostic on export readiness. We can provide working capital so companies can buy advice, and term lending so they can scale up in terms of machinery and expand their facilities. As they generate sales, EDC can come in and present the financing.
In some cases, we've been able to work with—