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Trade Expansion Lending Program

Access more working capital from your financial institution

        

Expand beyond Canada’s border with confidence

The Trade Expansion Lending Program (TELP) is a guarantee that helps you access more working capital from your financial institution. EDC shares the risk with your lender by guaranteeing part of your loan or line of credit, allowing them to offer the credit conditions you need to grow.

  1. Enter new markets

  2. Streamline cash flow

  3. Grow your business

Contact EDC
Confident businessman in glasses and suit using a tablet outdoors with a modern office building in the background, looking outward. Represents professional success, technology, and business lifestyle.

Is TELP right for your business?

TELP is typically the fastest and easiest way for EDC to help increase your access to working capital. With a guarantee like TELP in place, your financial institution can offer you a larger loan or line of credit.   

  • Enter new markets faster by covering initial expenses and meeting projected demand.  
  • Take on new contracts confidently with more effective cash flow management.
  • Invest in machinery, equipment and other resources for international operations.
  • Growing your business but struggling with cash flow? Learn how to get the best financing options from your lender with our free guide.

How to get started with TELP

  1. Step 1 1

    Talk to your financial institution

    Ask your lender if TELP is a good fit for your financing needs. If your financial institution doesn’t offer TELP, they can still work with EDC to find other ways to support your growth.

  2. Step 2 2

    Work with your financial institution to complete the application

    TELP is delivered by approved financial institutions, making it easier to apply and faster to process.

  3. Step 3 3

    Grow your business

    Once your application is approved, you can access your funds through your financial institution.

Frequently asked questions

TELP allows you to access more working capital, enabling you to take on larger projects, enter new markets and invest in your company’s growth without the stress of cash flow issues. You can use your additional capital to:

  • fund your operations
  • take on new contracts
  • expand production capacity (with a CapEx loan)
  • pursue other opportunities to grow your business internationally

The TELP application is designed to be straightforward, but processing time can vary depending on your financial institution. It’s best to check with them for specific timelines.

If your financial institution doesn’t offer TELP, they can still work with EDC or one of our partners to find other ways to support your growth. Ask your financial institution to call EDC at 1-800-229-0575 to discuss how we can work together to meet your business needs. 

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Have a question about EDC’s Trade Expansion Lending Program?

We’re here to help.

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

Contact EDC
Date modified: 2025-05-20

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