Grow your business outside of Canada
Page Content You want the opportunity to enter new markets, pursue new customers or expand your operations without being hampered by lack of funds or fear of risk.
No matter the size of your business, our solutions - often provided in partnership with your financial institution - can help you access more credit, manage risks and even provide financing for your customers.
I need help finding new markets and customers
My customer is ready to buy but needs financing
Successful companies can’t always compete on quality products or services alone. Sometimes it takes that little extra, such as being able to provide financing to win an export sale. With our Foreign Buyer Financing, we can offer financing to your foreign customer.
My guarantees are tying up my working capital so I can’t take on new business
Having money tied up in guarantees can make it harder for you to seize new opportunities. With our bonding and guarantee solutions in place, the financial institution that issued the guarantees can have the peace of mind it needs, and you benefit from increased cash flow to secure more sales.
I need to issue bonds but do not have the proper surety support
If you are having difficulties finding a surety company to issue a bond on your behalf, or your existing surety company has reached their limit, we may be able to help with our Surety Bond Insurance.
My cash is tied up in a foreign exchange contract
Foreign exchange providers often ask for collateral before providing a foreign exchange contract to lock in your foreign currency exchange rate. With our Foreign Exchange Facility Guarantee, your provider may let you keep your collateral, while you still receive the currency protection you need.
I have a foreign affiliate or subsidiary and want to insure its foreign receivables
We can extend our Accounts Receivable Insurance - which covers your full book of export business for up to 90 per cent of your losses against such commercial risks as your customer refusing to pay - to your foreign affiliates. Insurance coverage for everywhere you are doing business.
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Important Information The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.
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Keeping Corruption Out
How much do you know about your risks of breaking the law?
Learn more through our anti-corruption program.
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