“Non-payment to exporters is why this program exists. To know that your receivables are insured is a huge weight lifted. Especially when you’re just starting to export, like I was.”

 — Pina Romolo, President and CEO, Piccola Cucina

Read our fact sheet to learn:

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Why your U.S. or international customer may not pay

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The financial impact of one bad debt on your bottom line

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How to reduce risk so you can take on new international contracts with confidence knowing you’ll get paid

 

 

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What is your company's export status?

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Protect the biggest asset on your balance sheet:
Your account receivables

Do you insure your property? Your fleet? Your employees? How about liabilities and data breaches? The answer is probably yes. Yet many companies don’t think about insuring what is probably the biggest asset on their balance sheet—the money owed to them by their customers.

Collecting on a debt is hard enough in Canada, but in other markets, your chances of collecting are even smaller. That’s tough when even one bad debt can be enough to severely impact your bottom line.

 

We’re here to help

At EDC, we know international business can be risky. That’s why Export Development Canada is here—to significantly reduce your risks when you expand abroad and to help make sure you get paid, can access more cash and grow your business.



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Make sure you get paid

Get reimbursed for 90% of your insured losses if a customer doesn’t pay, for as little as $30.

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Get access to more cash

Win more business by extending attractive payment terms to your customers, without the risk.



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Grow your business

Get more access to cash—your bank could lend against your insured invoices, up to 90% of their value.

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Interested in EDC financial solutions?

Please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us an email and we’ll get back to you as soon as possible. Send a question.

About Export Development Canada

For 75 years, Export Development Canada has been dedicated to helping Canadian companies of all sizes succeed on the world stage. We are a financial Crown corporation that equips Canadian companies with the tools they need—the trade knowledge, financing solutions, equity, insurance, and connections—to grow their business with confidence. As international risk experts, we make trade safer for Canadian companies. Underlying all our support is a commitment to sustainable and responsible business.

Date modified: 2019-02-04