EDC Trade Expansion Lending Program
The Trade Expansion Lending Program (TELP) is a guarantee that helps you access more working capital from your financial institution. EDC shares the risk with your lender by guaranteeing part of your loan or line of credit, allowing them to offer the credit conditions you need to grow.
Offered by Export Development Canada
Amount
No fixed amount
Quick eligibility check
Who can apply
Who qualifies for EDC financing?
EDC supports Canadian companies involved in international business, including exporters and companies in global supply chains. Eligibility depends on factors such as company size, export activity and growth stage. Solutions may also be accessed either directly or through your financial institution.
About the funding
The Trade Expansion Lending Program (TELP) is a guarantee that helps you access more working capital from your financial institution. EDC shares the risk with your lender by guaranteeing part of your loan or line of credit, allowing them to offer the credit conditions you need to grow.
TELP is typically the fastest and easiest way for EDC to help increase your access to working capital. With a guarantee like TELP in place, your financial institution can offer you a larger loan or line of credit.
- Enter new markets faster by covering initial expenses and meeting projected demand.
- Take on new contracts confidently with more effective cash flow management.
Show all funding details
- Invest in machinery, equipment and other resources for international operations.
How can TELP help my business grow?
TELP allows you to access more working capital, enabling you to take on larger projects, enter new markets and invest in your company’s growth without the stress of cash flow issues. You can use your additional capital to:
- fund your operations
- take on new contracts
- expand production capacity (with a CapEx loan)
- pursue other opportunities to grow your business internationally
TELP is delivered by approved financial institutions, making it easier to apply and faster to process. Once your application is approved, you can access your funds through your financial institution.
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 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 |
