Loan GuaranteeCanadaExportingWorking Capital
EDC Foreign Exchange Facility Guarantee
EDC’s Foreign Exchange Facility Guarantee (FXG) can cover your collateral requirements on foreign exchange (FX) contracts, helping you manage fluctuating currency rates without tying up your cash.
Offered by Export Development Canada
Amount
Up to 100% coverage on your FX contract for your financial institution, so additional collateral is no longer required
Quick eligibility check
Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Anywhere in Canada
Who can apply
- Be a registered Canadian company that meets our definition of an exporter.
- Have a business banking relationship with a Canadian financial institution.
- Meet certain environmental, social and governance standards and other non-financial criteria.
- Have (or be considering) an FX contract or other hedging instrument with your financial institution.
About the funding
EDC’s Foreign Exchange Facility Guarantee (FXG) can cover your collateral requirements on foreign exchange (FX) contracts, helping you manage fluctuating currency rates without tying up your cash.
With a Foreign Exchange Facility Guarantee, your financial institution has up to 100% coverage on your FX contract, so additional collateral is no longer required.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| EDC Buyer Financing | Loan, Loan Guarantee | Up to $10 million in financing through a financial partner | Open |
| EDC Direct lending | Loan, Loan Guarantee | Direct loans that typically start at $1 million, structured to match your business needs, priced in line with commercial market rates | Open |
| EDC Export Guarantee Program | Loan Guarantee | Loan guarantee to your financial institution of up to US$25 million (total EGP coverage capped at US$25 million) | Open |
| EDC Trade Expansion Lending Program | Loan Guarantee | No fixed amount | Open |
