Export Development Canada (EDC) is a federal Crown corporation that provides financing, insurance, and risk-management solutions to help Canadian companies expand internationally. As Canadaβs official export credit agency, EDC partners with banks, investors, and entrepreneurs to make global trade safer, easier, and more financially secure.
Official website:
π Export Development Canada β EDC
What Is Export Development Canada (EDC)?
EDC helps Canadian businesses export goods and services, invest abroad, and grow internationally by providing access to capital, insurance, and guarantees. Its solutions are designed to protect companies from payment risks, manage foreign-exchange exposure, and support growth into new global markets. EDC works directly with exporters, lenders, and investors, ensuring Canadian businesses can compete globally with confidence and financing support.
Learn more:
π About EDC
Types of EDC Financing and Services
- Export Financing Solutions
Provides loans and guarantees to help Canadian exporters and their international buyers finance transactions, purchase orders, or expansion projects.
π EDC Financing Solutions
Includes:- Direct Financing: Loans to Canadian companies for working capital or international expansion.
- Buyer Financing: Loans to foreign buyers to purchase Canadian goods and services.
- Bank Guarantees: Security to support lines of credit or foreign contracts.
- Trade and Export Credit Insurance
Protects against the risk of non-payment due to commercial or political reasons when selling internationally. EDCβs insurance provides up to 90% coverage on receivables if customers abroad default or face instability.
π EDC Credit Insurance - Working Capital Guarantees
Guarantees to Canadian banks, enabling them to extend additional credit to exporters and global supply-chain companies β unlocking cash flow for production, logistics, and inventory.
π EDC Working Capital Guarantee - Export Guarantee Program (EGP)
A partnership between EDC and Canadian financial institutions that helps businesses access larger credit facilities by sharing risk with banks; supports working capital, equipment purchases, and international contracts.
π Export Guarantee Program (EGP) - Foreign Investment and Project Financing
Support for Canadian companies investing in facilities, partnerships, or joint ventures abroad through structured project financing, including debt, equity participation, and risk mitigation.
π EDC Project & Investment Financing - Market Entry and Advisory Services
Market intelligence, economic insights, and connections to international trade networks via EDCβs help centres and economics team.
π EDC Export Help Hub Β· π EDC Economics
Who Can Apply
- Canadian companies exporting goods or services internationally
- Businesses selling indirectly to exporters as part of a supply chain
- Manufacturers, service providers, and tech firms seeking global market entry
- Foreign buyers purchasing Canadian products through EDC financing
Eligibility depends on export readiness, financial stability, and compliance with Canadian trade and environmental standards.
π Who EDC Helps
Why Entrepreneurs Choose EDC
- Access to capital and working capital guarantees for export contracts
- Insurance against non-payment and political risk
- Support for international expansion and foreign-buyer financing
- Collaboration with Canadian banks to secure competitive lending terms
- Global expertise through EDCβs network of trade advisors and economists
The Role of The Biz Plans
At The Biz Plans, we prepare EDC-ready business plans designed to demonstrate export readiness, financial capacity, and sustainable growth potential. Our CPA-led approach ensures each plan meets the standards expected by both EDC and commercial lenders when reviewing export-financing applications.
- International growth strategies with measurable outcomes
- Financial models reflecting export contracts, foreign sales, and currency impacts
- Risk-management frameworks addressing global market exposure
- Documentation aligned with EDCβs financing and guarantee requirements
Our plans have supported exporters in manufacturing, technology, agriculture, and professional services seeking to scale globally.
How to Apply for EDC Support
- Assess your export readiness and identify your financing or insurance needs.
π EDC Export Readiness Tools - Explore EDCβs solutions β financing, insurance, guarantees, or market intelligence.
π EDC Solutions Overview - Prepare a professional business plan and export strategy.
The Biz Plans can build a lender-ready document aligned with EDCβs criteria. - Apply online through EDC or speak with a trade advisor.
π Apply or Contact EDC - Work with your bank or EDC representative to finalize financing, insurance, or guarantee terms.
Additional Resources
- EDC Homepage
- EDC Financing Solutions
- EDC Credit Insurance
- EDC Working Capital Guarantee
- Export Guarantee Program (EGP)
- EDC Economics & Insights
- Contact EDC
Final Thoughts
Export Development Canada is a trusted federal partner helping Canadian companies succeed on the world stage. Its combination of financing, insurance, and advisory services enables businesses to trade internationally with reduced risk and improved cash flow.
At The Biz Plans, we create detailed business plans and export strategies that align with EDCβs approval standards β helping clients secure financing, build global partnerships, and grow sustainably.
Ready to Start Your EDC Business Plan?
Weβll prepare a professional, lender-ready proposal to support your global expansion goals.