EDC – Programme de garanties d'exportations ### 📋 Eligible Entities - Canadian exporters (manufacturers, service providers, and traders) - Small and medium-sized enterprises (SMEs) - Large corporations engaged in export activities - Businesses with active export operations or verifiable export potential - Companies operating through Canadian financial institutions - Both domestic and foreign-owned businesses operating in Canada Note: Applicants must work with an EDC-partnered financial institution to access guarantees. --- ### 💰 Funding Details - Guarantee Coverage: EDC guarantees a percentage of the financing provided by your financial institution (typically 50–90% depending on risk profile and program variant) - Financing Structure: Working capital solutions extended by your bank, not direct grants from EDC - Loan Types Supported: - Term loans - Lines of credit extensions - Asset-based financing (against foreign receivables, inventory, or stock) - Repayability: Financing is repayable with interest to your financial institution; EDC guarantee backs the lender's risk - No matching requirement: EDC does not require you to co-invest; the guarantee enables your lender to extend credit more readily --- ### 🛠️ Approved Expenses Working capital financing guaranteed by EDC can support: - Inventory procurement for export markets - Accounts receivable financing (foreign customer invoices) - Pre-export production costs - Purchase of raw materials or components for export goods - Payroll and operational costs tied to export fulfillment - Asset-backed financing against foreign-held inventory or receivables - Short-term operational cash flow needs to support export sales --- ### ⚠️ Conditions & Milestones - Financial Institution Requirement: You must apply through an EDC-partnered Canadian bank or lender; EDC does not lend directly - Export Verification: Your business must demonstrate active or imminent export activity - Credit Assessment: Your lender conducts standard credit underwriting; EDC guarantee does not eliminate lender due diligence - Foreign Asset/Receivable Documentation: If financing is backed by foreign inventory or receivables,