Guarantees

Fuel your international growth with a working capital guarantee from EDC

Guarantees help you access more working capital from your financial institution

  1. Trade Expansion Lending Program

    Get faster access to more working capital

    The Trade Expansion Lending Program (TELP) is a working capital guarantee delivered by approved financial institutions, which makes applying easier and speeds up approvals.

  2. Export Guarantee Program

    Create a customized guarantee with EDC and your lender

    The Export Guarantee Program (EGP) offers guarantees of up to $25 million to your financial institution, enabling you to secure flexible working capital for your business needs.

  3. Account Performance Security Guarantee

    Unlock working capital tied to standby letters of credit

    The Account Performance Security Guarantee (APSG) is a collateral replacement tool that frees up working capital tied to letters of guarantee or standby letters of credit.

  4. Foreign Exchange Facility Guarantee

    Free up collateral tied to foreign exchange contracts

    A Foreign Exchange Facility Guarantee (FXG) allows you to protect your profit margins by locking in exchange rates without tying up your working capital.

What’s a working capital guarantee?

A working capital guarantee protects your lender from the risk of default, enabling them to extend you more credit or free up your collateral.

Diagram: EDC provides a guarantee to the lender, the lender transfers their risk to EDC, and the lender can then provide credit to the exporter.

How does it work?

Working capital guarantees take on some of your financial institution’s risk related to your international business growth, enabling them to lend you more or release assets held as collateral. That’s cash put back to work for your business.

Working capital guarantees take on some of your financial institution’s risk related to your international business growth, enabling them to lend you more or release assets held as collateral. That’s cash put back to work for your business.

Who’s this for?

Guarantees are designed for registered Canadian companies that meet our definition of an exporter. To be eligible, you must have a business banking relationship with a Canadian financial institution that offers EDC guarantees. Additionally, you must meet specific environmental, social and governance standards, along with other non-financial criteria.

Guarantees are designed for registered Canadian companies that meet our definition of an exporter. To be eligible, you must have a business banking relationship with a Canadian financial institution that offers EDC guarantees. Additionally, you must meet specific environmental, social and governance standards, along with other non-financial criteria.

Learn more about export financing

  1. Banking tips to get better financing for your business

    If your company is in growth mode, you may be facing a good news/bad news scenario: Sales are up, but managing your cash flow is increasingly complicated and you need additional financing to keep up with demand. This guide provides key tips on how to optimize business financing from your bank.

  2. From local to global: Get financing to grow your business

    Our webinar, From local to global: Get financing to grow your business, will explore how Canadian companies can get prepared—from which documents are needed and loan and grant options are available to leveraging EDC’s helpful products and services—before asking their financial institution for credit.

  3. Finding cash for your small business

    Discover all the ways you can get the capital you need to help your business grow.

A happy mature businesswoman working in a creative office.

Have a question about working capital guarantees?

We’re here to help.

Contact us using the link below or call us at 1-800-229-0575

Contact EDC
Date modified: 2025-05-14