EDC Export Guarantee Program
$25,000,000.00
Loan Guarantee
Description:
The Export Guarantee Program (EGP) provides guarantees of up to US$25 million to your financial institution so they can extend your access to working capital. The Export Guarantee Program is best suited for complex export finance structures, including multiple operating lines, foreign assets or acquisitions, cash flow loans or multiple borrowers.
Comments on Funding:
Continuous Intake
Eligibility:
Applicants must contact EDC, together with their financial institution, to review international sales, lending agreement and other criteria to ensure the Export Guarantee Program is the best option for the business.
Application Steps:
Applicants must:
1. Get in touch. Contact EDC or your financial institution to see if EGP is a good fit for your business.
2. Review your international growth strategy and financing requirements
EDC will work with you and your financial institution to evaluate your international sales, lending agreement and other criteria to ensure the program is the best fit for your business.
3. Set up an EGP
EDC and your financial institution will work together to finalize the guarantee process. Once your application is approved, you can access your funds through your financial institution.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
