EDC Trade Impact Program
No fixed amount
Insurance, Loan Guarantee
Description:
The EDC Trade Impact Program will facilitate an additional $5 billion over two years in support for eligible companies across a range of products to help you navigate economic challenges.
Comments on Funding:
Here’s how we can help:
– Export confidently: EDC trade credit insurance protects against losses in the event of non-payment from your foreign buyer.
– Manage currency fluctuations: We offer solutions that mitigate the risks associated with foreign exchange fluctuations by stabilizing your costs and protecting your profit margins from adverse currency movements.
– Access more working capital: EDC guarantees share a portion of your financial institution’s risk with us, allowing you to access more financing for managing cash flow challenges and growing your operations.
– Enable global expansion: EDC’s financing solutions enable you to increase your capacity for trade, expand your footprint in different markets, or acquire a foreign company.
Continuous Intake
Eligibility:
Applicants must be Canadian exporter, or a company that supplies exporters:
a. You sell a good and/or service to customers outside Canada’s borders (direct exporters);
b. You create a good and/or service that forms part of an international supply chain (indirect exporters);
c. You have a plan to export in the future (future exporters).
Application Steps:
Applicants must contact EDC using the contact form
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice
