Guarantees
Fuel your international growth with a working capital guarantee from EDC
Guarantees help you access more working capital from your financial institution
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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.
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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.
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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.
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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.
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.
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.
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