Through its Export Guarantee Program, EDC encourages Canadian financial institutions to advance pre-shipment loans to Canadian companies exporting goods or services, then covers up to 75 per cent of loan value.
Business Benefits
Capacity: Pre-shipment financing gives Canadian companies the financial strength to close and fulfill international deals.
Business development: By accessing the working capital to fund the upfront costs associated with an export contract, Canadian companies can reserve their existing operating lines for new business development.
Coverage Details
The Export Guarantee Program can cover up to 75 per cent of a bank loan, to a maximum of 100 per cent of the direct costs (excluding overhead) associated with contract fulfillment. The Export Guarantee Program is available for export contracts that involve capital, non-capital or knowledge-based business goods and services.

Qualification Criteria
To qualify, your bank must be willing to participate and must establish a credit arrangement with your company.

Cost
The cost of EDC’s guarantee includes the bank’s interest spread on the loan and a percentage of the bank’s setup fees.

More information
Pre-shipment financing brochure (PDF Format)
Call 1-866-283-2957 weekdays between 8 a.m. to 6 p.m. EST