The EDC BCAP Guarantee helps Canadian businesses address cash flow challenges caused by the COVID-19 pandemic. We provide a guarantee to your financial institution on a new operating line of credit or new term loan, which helps you access additional credit. EDC provides the guarantee to your financial institution, who provides you with the financing you need, once you are approved. Contact your financial institution to find out if they offer the EDC BCAP Guarantee.
Am I eligible for this program?
The approval process for the EDC BCAP Guarantee is subject to additional debt lending requirements through your financial institution, so they can tell you whether this is the right solution for your business. Please consult your financial institution account manager as a first step. They can explain the criteria for this program and how to apply.
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.