The Knockout Stage of the 1994 Federation Cup Americas Zone was the final stage of the Zonal Competition involving teams from the Americas. Those that qualified for this stage placed first, second and third in their respective pools.
The twelve teams were then randomly drawn into a two-stage knockout tournament, with the winners qualifying for the World Group.
Draw
Semifinals
Paraguay vs. Costa Rica
Bolivia vs. Guatemala
Chile vs. Peru
Venezuela vs. Trinidad and Tobago
Cuba vs. Ecuador
Uruguay vs. Mexico
Finals
Paraguay vs. Bolivia
Chile vs. Venezuela
Cuba vs. Mexico
, and advanced to the World Group, where they were defeated in the first round by , 3–0, , 3–0, and , 3–0, respectively.