At the core of our mission is our unique ability to use our knowledge of international trade and global buyers to enable us to take on and manage significant levels of risk.
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage. As international risk experts, they equip Canadian companies with the tools they need – trade knowledge, financing solutions, equity, insurance, and connections – to take on the world with confidence.
HAVE AN EXPORT-RELATED QUESTION?
EDC’s Export Advisors can help your Canadian company by navigating you to available resources, sharing contacts of other organizations that can help, so that you can move forward confidently in your export journey. Export Help is a free navigational service for Canadian companies that have trade-related questions. While EDC might not have every answer, they are committed to point you in the right direction with helpful information, resources, and contacts.
EXPORT-RELATED CAPITAL NEEDS
EDC can help you access additional financing to support export-related activities with direct loans or by working with your bank to guarantee loans for buying equipment, financing work-in-progress or working capital needs.
PROTECT AGAINST CHANGING DOLLAR
If you want to purchase a foreign exchange contract, Financial Institutions usually ask for collateral. EDC guarantees can satisfy that demand.
MAKE SURE YOU GET PAID
EDC’s insurance solutions protect against a range of risks such as a customer’s inability to pay, political instability and sudden contract cancellation. Our flexible coverage is available for a single customer, an entire book of receivables, or foreign affiliates. The insurance can also be used to offer your customers better payment terms and free up bank operating lines by providing insurance as collateral.
FINANCE INVESTMENTS IN OTHER MARKETS
If you want to invest in another market, perhaps by setting up a local office or acquiring an existing business, EDC can provide financing support, as well as insurance to protect against political risks.
FOREIGN BANK CREDIT & FINANCING
If you need to secure an operating line of credit, obtain letters of guarantee, or meet landlord/lease obligations, a foreign bank will usually ask for collateral. EDC’s guarantees can satisfy this demand.
EDC can work directly with your company or partner with your financial institution to provide additional credit capacity and working capital, so you can take on the world.
POST A BOND WITHOUT TYING UP CASH
Financial Institutions usually demand collateral to post a bond on your behalf, tying up cash flow. EDC’s bonding guarantee solutions can free up operating lines to keep your business running smoothly.