Export Development Canada

UPDATE

  • Export Development Canada will provide guarantees to financial institutions so that they can issue new operating credit and cash flow term loans of up to $6.25 million to businesses.
  • This program provides credit and cash flow term loans to small and medium-sized enterprises. Canadian businesses in all sectors that were otherwise financially viable and revenue generating prior to the COVID-19 outbreak are eligible to apply.
  • A new domestic mandate has enhanced EDC’s role in supporting all domestic-oriented businesses during the COVID-19 crisis.
  • It allows financial institutions to issue operating credit and cash flow term loans of up to $6.25 million to existing clients, with 80 per cent guaranteed by EDC.
  • This program is now available at various financial institutions and credit unions.

EDC BCAP Guarantee

a) Up to $6.25 million

b) Additional details available on EDC website

c) Online application (final steps to be completed by the primary financial institution of the business) – click HERE

d) Available through primary financial institutions

e) For additional details please visit HERE

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For more details – Click HERE

Export Development Canada will provide guarantees to financial institutions so that they can issue new operating credit and cash flow term loans of up to $6.25 million to businesses.

  • This program provides credit and cash flow term loans to small and medium-sized enterprises. Canadian businesses in all sectors that were otherwise financially viable and revenue generating prior to the COVID-19 outbreak are eligible to apply.
  • A new domestic mandate has enhanced EDC’s role in supporting all domestic-oriented businesses during the COVID-19 crisis.
  • It allows financial institutions to issue operating credit and cash flow term loans of up to $6.25 million to existing clients, with 80 per cent guaranteed by EDC.
  • This program is now available at various financial institutions and credit unions.

EDC BCAP Guarantee