
Our top 5 banking tips for exporters
Get more working capital for your business
EDC working capital guarantees are designed to support Canadian exporters facing financial challenges: Specifically, when your financial institution is unable to support increases in—or access to—your working capital, due to risks inherent in your international growth and activities.
We support Canadian companies:
Ready to think about growing beyond Canada’s borders? Learn more about exporting
If your company is:
If you recognize your business in one of these challenges, discover how one of our guarantees could help free up your working capital.
EDC working capital guarantees help share the risk your financial institution is able to take on related to your international business growth. This enables them to lend you more capital or release your assets that would, otherwise, be held as collateral. That’s cash put back to work for your business.
If you’ve maxed out your credit with your financial institution and need a bigger operating line or new loan, your banker may be able to leverage the Export Guarantee Program (EGP) or Trade Expansion Lending Program (TELP).
If you need to provide your client with a standby letter of credit or other trade finance instrument, and your bank is holding assets as collateral, an Account Performance Security Guarantee (APSG) can put that cash back in your account.
If you have a foreign exchange (FX) contract with your financial institution and they’re holding your assets as collateral, a Foreign Exchange Facility Guarantee (FXG) can free up your pledged working capital.
Get expert insights on how to manage and increase your working capital as you grow internationally.
Get more working capital for your business
Our experts know what it takes to grow globally.
When it comes to getting financial support to grow your business, preparation is key. Learn how with our webinar.
Talk to your financial institution to find out if an EDC working capital guarantee is a good fit for your financing needs.
Or, if you have an EDC relationship manager, reach out to have a conversation about how we can help increase your access to working capital.
FI account managers: Need support from EDC? Reach out to 1-800-229-0575 and we’ll help direct your inquiry.