Canadian companies that qualify as exporters under EDC mandate
Services
EDC Export Financing
EDC's standing suite of export financing tools: Export Guarantee Program (bank-loan guarantees up to ~CAD 10M per business), Trade Expansion Lending Program (TELP) working-capital guarantees via approved financial institutions, trade credit insurance, Foreign Exchange Facility Guarantee, and Mid-Market Lending (CAD 1M-10M direct loans) for exporters with $10M-$1B in revenue.
Overview
EDC's standing suite of export financing tools: Export Guarantee Program (bank-loan guarantees up to ~CAD 10M per business), Trade Expansion Lending Program (TELP) working-capital guarantees via approved financial institutions, trade credit insurance, Foreign Exchange Facility Guarantee, and Mid-Market Lending (CAD 1M-10M direct loans) for exporters with $10M-$1B in revenue.
Key numbers
| Item | Value |
|---|---|
| Instrument | loan/guarantee/insurance |
| Level | federal |
| Region | Canada |
| Administrator | Export Development Canada (EDC) |
| Min per project | $1,000,000 |
| Max per project | $10,000,000 |
| Intake status | Open (ongoing; accessed through your financial institution or EDC) |
| Non-US bias | non-US premium (tenor up to 15 years for expansion outside the US) |
| Revenue | $10,000,000 - $1,000,000,000 |
Eligibility
EGP/TELP
accessed through a Canadian financial institution offering EDC guarantees; applicant must qualify as an exporter
Mid-Market Lending
Canadian exporter with revenues between $10M and $1B, in good standing with its bank, impacted by tariffs and pursuing diversification, growth or productivity with a plan in place
Mid-Market Lending proceeds cannot be used to refinance existing debt or for debt servicing
Exporters in distress before the March 2025 tariffs were not eligible for some TIP enhancements; broader TIP eligibility applies from September 1, 2026
What it covers
Export Guarantee Program (EGP)
guarantee to the financial institution of up to US$25 million total coverage (commonly cited CAD 10M cap) on operating lines and term loans; up to 75% guarantee coverage for domestic assets, up to 90% for smaller facilities, up to 100% for qualifying foreign assets
Trade Expansion Lending Program (TELP)
guarantee that lets your bank extend a larger loan or line of credit for working capital, new markets, machinery/equipment
Trade credit insurance (Portfolio and Select Credit Insurance)
protects against non-payment from foreign buyers
Foreign Exchange Facility Guarantee (FXG)
collateral replacement for FX contracts, covering contracts up to 3 years
Account Performance Security Guarantee (APSG)
100% irrevocable guarantee for standby letters of credit and letters of guarantee
Mid-Market Lending
direct loans of CAD 1M-10M for M&A, equipment and soft costs supporting international diversification, expansion and productivity
Direct Lending, Buyer Financing, and Structured and Project Finance for global expansion
Market and diversification rules
Mid-Market Lending tenor up to 10 years for US-based transactions and up to 15 years for equipment financing and M&A in other jurisdictions; soft-cost financing up to 10 years; interest-only period up to 36 months
EGP tenor/amortization up to 15 years considered on a case-by-case basis for expansion efforts outside the US
2026-2030 corporate plan prioritizes diversification into Europe and the Indo-Pacific
How to apply
Ask your financial institution whether it offers the Export Guarantee Program or TELP; your bank applies to EDC on your behalf
For credit insurance, register with EDC's insurance services (Portfolio or Select Credit Insurance portals)
For Mid-Market Lending or direct financing, contact EDC (1-800-229-0575 or the inquiry form) to discuss your diversification plan
Provide financial statements and support for the financing request during underwriting
Stacking notes
EDC guarantees complement bank financing rather than replacing it; the bank retains risk
Disclose other government support in the application
Notes
EGP total exposure per business is capped (US$25 million per current EDC page; historically documented as CAD 10 million)
TELP is delivered by approved financial institutions, making it among the fastest ways to increase working capital
2026-2030 corporate plan summary describes new representations in France, Poland and Sweden, a Singapore branch and 11 Asia representations
Relevant services
The services below are grant-eligible: CanExport and EDC reimburse up to 50% for incorporated Canadian exporters.
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Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.
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