EDC Business Credit Availability Program (BCAP) Guarantee
Find out if you’re eligible
The EDC BCAP Guarantee can help you cover costs caused by the COVID-19 crisis. Before you begin, please talk to your financial institution.
What you should know
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 contact 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.
JP Morgan Chase Bank, National Association (Canadian branches ONLY)
Laurentian Bank of Canada
Libro Credit Union
Meridian Credit Union
Motor City Community Credit Union
Niverville Credit Union
PNC Bank Canada
Royal Bank of Canada
Steinbach Credit Union
Vancity Capital Corporation
Vancity Savings Credit Union
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 eligibility form as part of your application for a loan or operating line of credit supported by the EDC BCAP Guarantee. This form will take approximately 15 minutes to complete. Your financial institution contact will follow up with you regarding next steps.