What you should know

The EDC BCAP Guarantee for medium-sized companies can help you cover operational costs through the COVID-19 pandemic. Once you are approved, EDC provides the guarantee to your financial institution, which then provides you with the financing you need—either a new operating line of credit or new term loan. 

Before you begin, please talk to your financial institution about your cash flow needs and to find out if they offer the EDC BCAP Guarantee.

Am I eligible for this guarantee?

The approval process for the EDC BCAP Guarantee is subject to additional debt lending requirements through your financial institution. Please consult your financial institution contact as a first step. They can explain the criteria for this program and how to apply. Please note that oil and gas companies are ineligible for the EDC BCAP Guarantee – Mid-Market, but may be eligible for support through other EDC solutions. Please reach out to an EDC relationship manager to discuss further. 

What do I need to complete this form?

This form will help determine your eligibility for the EDC BCAP Guarantee. It is not a loan application. EDC requires information such as company owners, company financial information, and a Canada Revenue Agency (CRA) business number. Please ensure you have this information available before you complete this form.



Find out if you’re eligible for the EDC BCAP Guarantee

Once you have consulted with your financial institution, they will ask you to complete this application form as part of your application for a loan or operating line of credit supported by the EDC BCAP Guarantee for medium-sized companies. This form will take approximately 15 minutes to complete. 

Date modified: 2020-06-10