The challenge
EDC went to bat for us with the bank. They’ve been tremendous business partners. They made everything easy. It’s been mind-blowing.
MyEDC account
Manage your finance and insurance services. Get access to export tools and expert insights.
Solutions
By product
By product
By product
By product
Insurance
Get short-term coverage for occasional exports
Maintain ongoing coverage for active exporters
See how portfolio credit insurance helped this Canadian innovator expand.
Guarantees
Increase borrowing power for exports
Free up cash tied to contracts
Protect profits from exchange risk
Unlock more working capital
Find out how access to working capital fueled their expansion.
Loans
Secure a loan for global expansion
Get financing for international customers
Access funding for capital-intensive projects
Find out how direct lending helped this snack brand go global.
Learn how a Canadian tech firm turns sustainability into global opportunity.
Investments
Get equity capital for strategic growth
By industry
Find opportunities in agri-food trade
Expand your cleantech business
Grow your defence exports
Explore solutions for domestic oil and gas
Featured
Discover the top cleantech trends influencing exporters in 2026
Build relationships with global buyers to help grow your international business.
Resources
Popular topics
Explore strategies to enter new markets
Understand trade tariffs and how to manage their impact
Learn ways to protect your business from uncertainty
Build stronger supply chains for reliable operation
Access tools and insights for agri-food exporters
Find market intelligence for mining and metals exporters
Get insights to drive sustainable innovation
Explore resources for infrastructure growth
Export stage
Discover practical tools for first-time exporters
Unlock strategies to manage risk and boost growth
Leverage insights and connections to scale worldwide
Learn how pricing strategies help you enter new markets, manage risk and attract customers.
Get expert insights and the latest economic trends to help guide your export strategy.
Trade intelligence
Track trade trends in Asia-Pacific
Uncover European market opportunities
Access insights on U.S. trade
Browse countries and markets
Get expert analysis on markets and trends
Discover stories shaping global trade
See what’s ahead for the world economy
Monitor shifting global market risks
Read exporters’ perspectives on global trade
Knowledge centre
Get answers to your export questions
Research foreign companies before doing business
Find trusted freight forwarders
Gain export skills with online courses
Discover resources for smarter exporting
Get insights and practical advice from leading experts
Listen to global trade stories
Learn how exporters are thriving worldwide
Explore export challenges and EDC solutions
About
Discover our story
See how we help exporters
Explore the companies we serve
Learn about our commitment to ESG
Understand our governance framework
See the results of our commitments
MyEDC account
Manage your finance and insurance services. Get access to export tools and expert insights.
This Toronto software company fixed its working capital woes with EDC’s financing solutions.
The world of maintenance management software can be complicated. Founder Marc Castel set out to fix that problem with an aptly-named solution: Fiix.
Fiix solves the problem of unexpected equipment downtime by enabling maintenance teams to make smarter decisions, with a computerized maintenance management system. The software allows companies to perform preventive maintenance and track work orders, inventory, and key performance indicators. “Good maintenance leads to higher productivity and competitiveness,” says Castel.
Since its inception, Fiix has grown from three to 75 employees and now has sales in 90 different markets globally. Its software has been translated into dozens of languages.
To accelerate its speed of growth, however, Fiix needed an injection of working capital. Three years ago, Castel approached Export Development Canada and hasn’t looked back since.
EDC went to bat for us with the bank. They’ve been tremendous business partners. They made everything easy. It’s been mind-blowing.
Through its Export Guarantee Program (EGP), EDC helped Fiix expand its sales to foreign countries. The EGP guarantees a line of credit from a bank, allowing Fiix to serve customers internationally.
“We accessed the EGP, which freed up working capital, which we put to work to grow our business,” Castel said.
“We grew considerably faster than we could have on our own. And we didn’t have to give up any equity in our business. It was, top to bottom, the easiest thing I’ve ever done and these things usually aren’t.”
Working with EDC allowed Fiix to access new customers across a broad range of foreign markets, which created new revenue.
“The export guarantee was an accelerant for our sales and marketing,” Castel said. “EDC gave us the confidence to go ahead and expand.”
The future looks bright for Fiix. The company plans to continue to expand its reach into new global markets, particularly in those where it’s already getting good traction. Castel calls it “the same playbook, with more fuel on the fire.”
Our Export Guarantee Program can help your bank provide you with additional access to financing.
We share the risk with your bank by providing a guarantee on the money you borrow, encouraging them to increase your access to working capital.
Please contact us weekdays between 9 a.m. and 5 p.m. ET.
Or send us a question and we’ll get back to you as soon as possible. Send us a question.