EDC Export Guarantee Program
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.
Offered by Export Development Canada
Amount
Loan guarantee to your financial institution of up to US$25 million (total EGP coverage capped at US$25 million); the guaranteed percentage depends on the types of assets financed and the size of the facility
Quick eligibility check
Who can apply
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.
How do I qualify for EGP?
EDC, together with your financial institution, will review your international sales, lending agreement and other criteria to ensure the Export Guarantee Program is the best option for your business.
About the funding
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.
How does EGP increase my access to working capital?
The Export Guarantee Program transfers a portion of your financial institution’s risk to EDC, allowing them to increase your financing.
What’s the maximum guarantee available?
Show all funding details
The maximum guaranteed percentage depends on the types 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.
What are the fees for an EGP?
It varies. Fees are determined based on your credit rating, duration of coverage and the amount of financing needed. Fees will be discussed as part of the consultation process with you and your financial institution.
- Manage your cash flow: Get more working capital to cover day-to-day costs through an increased operating line or revolving facility.
- Grow your business: Access additional financing to expand sales into new markets, buy new equipment or locate your inventory closer to your buyers.
- Support your international investments: Increase your borrowing capacity for investments outside Canada to set up an international affiliate or expand in a global market.
This flexible loan guarantee can be applied to both operating lines and term loans to support:
- general working capital facilities
- general capital expenditures, including term loans for equipment
- work-in-progress financing related to a specific contract or revolving facility
- Canadian Direct Investment Abroad for acquisition or expansion of a foreign affiliate, etc
- tax credits for federal and provincial R&D refundable tax credits, interactive digital media, etc
- foreign-domiciled inventory
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 Foreign Exchange Facility Guarantee | Loan Guarantee | Up to 100% coverage on your FX contract for your financial institution, so additional collateral is no longer required | Open |
| EDC Trade Expansion Lending Program | Loan Guarantee | No fixed amount | Open |
