We are committed to supporting you through this pandemic with expert knowledge and financial resources.
We are committed to supporting you through this pandemic with expert knowledge and financial resources.
EDC COVID-19 Assistance Tool
By answering a few questions about your needs and your company, EDC can help you identify the programs and services that will serve you best as you face challenges brought on by COVID-19.
Canadian companies are facing critical challenges in 2020. We are committed to helping you find a way through with expert advice, insurance and improved business cashflow.
We are collaborating with the Government of Canada and financial institutions across the country to bring much-needed relief to Canadian businesses for operational expenses.
EDC’s mandate has expanded. Many of our financial solutions are now available to all qualified Canadian business owners until the end of 2021.
The EDC BCAP Guarantee helps companies that sell internationally or within Canada to address cash flow challenges caused by the COVID-19 pandemic. Qualified businesses can access up to $6.25 million in credit through their financial institution to cover rent, payroll and other operating costs caused by the current crisis. Please note: this new solution may not be available through your financial institution until a later date.
All the solutions listed here have been adjusted to reflect the current needs of Canadian businesses. Depending on the product, changes may include: deferred payment, an increase in the amount available, faster approval processes and other modifications.
To see other products and services aimed at helping Canadian businesses during COVID-19, go here.
Access additional credit through your financial institution to cover rent, payroll and other operating costs during the COVID-19 pandemic.
Insure your export sales and protect your business from the risk of non-payment.
EDC can offer your financial institution a guarantee of repayment and make it easier for you to access financing.
Protect yourself against foreign exchange risk without locking up your capital.
Get the benefit of pre-approval and a predictable rate for your guarantees, making it easier to pursue business.
Call us at 1-800-229-0575 or tell us how we can help here.
Contact your EDC account manager about any additional support you require. For assistance with insurance products and online portals call 1-866-716-7201 or contact us by email at support@edc.ca.
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Get the business advice, knowledge and services you need to navigate your company through the pandemic, at home or abroad. Learn how to overcome the top concerns of Canadian companies, or get tailored, expert answers to your own questions.