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Export Guarantee Program

Let us work with your financial institution to help you get the financing you need.

Export Guarantee Program EDC
Export Guarantee Program
1-800-229-0575
Send a question

What is the Export Guarantee Program?

Our Export Guarantee Program (EGP) is a working capital solution that provides guarantees of up to US $25 million to your financial institution so they can extend your line of credit, provide term loans or margin international assets or inventory.

Manage your cash flow

Get more working capital financing to manage your day-to-day operating costs, via an increase to your operating line, a seasonal bulge or pre-shipment financing.

Grow your international business

Access more financing to expand sales into a new market, buy new equipment, or locate your inventory closer to your buyers.

Support your international investments

We work with you and your financial institution to increase borrowing capacity to support your investments outside of Canada, such as setting up an international affiliate or acquiring or expanding a business in a global market.

Take on more international business with the Export Guarantee Program

Our EGP shares the risk and security with your FI by providing them with a guarantee.

  • It encourages your FI to increase your access to needed financing.
  • To qualify for the EGP, your FI must be willing to establish a loan agreement with your company.

The value of the guarantee can vary depending on the type and size of the loan:

  • The maximum guaranteed percentage depends on the type of assets being financed and the size of the facility.
  • Your total EGP coverage (under one or multiple EGP guarantees) is capped at US $25 million exposure.
  • Fees are determined based on your credit rating, duration of coverage and the amount of financing needed.

EDC wants to ensure the Export Guarantee Program is the best option for your business. We look at the amount of international sales you have produced over time and your financial institution’s lending agreement, as well as other factors.

EDC has played a substantial role in our company’s growth. They help us maintain our competitive advantage and allow us to capitalize on new opportunities.

Jean-Paul Deveau, President and CEO, Acadian Seaplants Limited

Product

Seaweed-based products

Key Foreign Markets

Asia, Latin America, United States

Years in Business

35


 

Questions about our financial solutions?

Talk to your financial institution to find out if the EDC Export Guarantee Program is a good fit for your financing needs.

Or, if you have an EDC relationship manager, reach out to have a conversation about how we can help increase your access to working capital.

FI account managers: Need support from EDC? Reach out to 1-800-229-0575 and we’ll help direct your inquiry.



EDC Trade Advisor
EDC Trade Advisor
Date modified: 2023-07-17

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