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EDC Export Guarantee Program (EGP)

Export Development Canada · Federal

In plain language

The core EDC working-capital guarantee product — enables NL exporters to get more working capital from their own bank by having EDC share up to 75% of the lending risk. Guarantees up to US$25M (larger under Trade Impact envelope). Fee-based (0.75%–2% annually depending on risk), so it is a financing product, not free money — but it materially unlocks bank appetite for seasonal seafood, offshore supply, and manufacturing exporters whose receivables concentrate in a few foreign buyers. Work through the company's existing bank relationship manager; they file with EDC. Particularly relevant for NL offshore services and fisheries supply chain firms with receivables in Europe/Asia.

Realistic range
$100,000 – $33,000,000
Avg award
$1,500,000
Max advertised
$33,000,000
Cost share
Accessibility
3 / 5
Effort
3 / 5
Deadline
Continuous intake
Repayable?
Yes

Who qualifies

Entity types
Incorporated, Sole Proprietor
Sectors
Any sector
Regions
NL Wide
Demographics prioritized
None specifically

What you'll have to report

Quarterly borrowing base certification through primary bank; annual review; renewal tied to export revenue concentration.