Business has been unusual. But you kept moving, finding new markets, new models and new ways to sell. So why go back to the usual path now? Grow your business at home or abroad with support from Export Development Canada. We’re here to help you take the unusual way forward.

 

 

Working Capital & Financing

We help companies improve cash flow through banks or credit unions to help manage day-to-day expenses like buying inventory and paying suppliers. We share the risk with financial institutions (FI) by providing a guarantee on the money borrowed, encouraging FIs to increase your access to working capital.

Insurance

With EDC Credit Insurance, 90% of your insured losses are covered. Our credit insurance protects companies against the risk of non-payment caused by an array of events including customer bankruptcy or non-payment, contract cancellation, issues with currency conversion or transfer, and more.

Trade Expertise

We have a variety of tools available to you to help you locate potential buyers, understand international markets, find qualified service providers, take advantage of economic forecasts, and more. We also have a vast array of articles, blogs, webinars, and other resources which help you through your exporting journey.

 

 

Video of Heather Clarke, Co-Founder, Poseidon Ocean Systems

Proprietary tech pushes growth

Poseidon Ocean Systems embraced the unusual way forward by developing a proprietary cleantech system designed to revolutionize salmon farming. Working with Export Development Canada, they’re now bringing sustainability to fisheries around the world.  Using EDC’s Investment Matching Program, Poseidon was able to gain access to the capital they needed to explore new sales models and pivot their focus to more profitable, export-ready tech.


 

Video of Heather Clarke, Co-Founder, Poseidon Ocean Systems

Think global, act local

Kinova Robotics develops innovative robotics, driven by a desire to help people and business in their daily lives. As the world was turned upside down, they stayed true to that path and seized new opportunities to use robotics for good—around the world. Timely support from EDC enabled Kinova to land a new foreign partner, and they protected their international sales with EDC Credit Insurance.

Learn more about EDC’s Credit Insurance solutions

Video of Charles Deguire, CEO and Co-Founder, Kinova Robotics


 

Video of Craig McLellan, CEO and Founder, ThinkOn, Inc.

International acquisitions create growth at home

When the world started working from home, ThinkOn was there to give businesses the data protection they needed. And Export Development Canada was there to help them export their solutions across the globe. ThinkOn worked with EDC to secure funding to acquire international assets, which enabled the company to scale up quickly and take advantage of the widespread move to the cloud. 

Learn more about EDC’s Export Guarantee Program

Video of Craig McLellan, CEO and Founder, ThinkOn, Inc.

 


 

COVID-19 Resources

A business woman working from home

EDC Business Credit Availability Program (BCAP) Guarantee

If your business needs access to working capital to cover operational costs as a result of the COVID-19 pandemic, you may be eligible for the EDC BCAP Guarantee. This guarantee is for new operating lines of credit or new term loans to support your cash flow needs

A business woman is working at her desk reviewing business documents.

Mastering international contracts

Our webinar, Mastering international contracts: From strategy to success, will help you ensure your contracts have what it takes to successfully operate internationally. 

A businessman speaks on a web conference with an advisor using a laptop webcam.

Export Help Hub

Get answers to your questions about selling internationally – from finding customers and entering new markets to customs requirements and paying taxes.


 

Want to learn more about how EDC can help?

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

1-844-889-5901

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