Export Development Canada

Operating in international markets provides great opportunity, but it also carries significant credit risks. That's why EDC has assembled a team of specialists to work with smaller exporters.

EDC provides services to any exporter, of any size, operating in any sector of the economy (including services). EDC generally looks for at least 50% Canadian content.

You've got a solid lead on an export contract, or perhaps you've already signed a deal. You thought the hard work would be over by now, but a few questions are worrying you.

• How do I know the buyer - U.S. or overseas - will pay, and what happens if the buyer doesn't pay?
• How do I arrange to get the working capital I need to fill the order?
• The buyer is demanding longer credit terms, and if I don't give the buyer time to pay, I'll probably lose the sale. What can I do?

PRODUCTS AND SERVICES

Risk Management

If a credit check of your buyer looks good, you can export with the assurance that you are covered for 90% of the loss if your buyer doesn't pay. We can do the check for you, or show you how.

Working Capital

When your bank knows your export receivables are insured by EDC, it is more likely to accept them as security when providing working capital financing.

Accounts Receivable Insurance

Don't lose export contracts because you can't offer competitive terms. With EDC insurance, you can protect your financial health and extend credit to your export buyers.

Buyer Financing

EDC loans to foreign buyers of Canadian capital goods can win you the deal by giving your buyer time to pay. This also converts your credit sale into a cash sale, since we pay the Canadian exporter directly.

Bonding and Guarantees

EDC has a range of services that enable exporters to meet the requirement to post bonds (bid bonds, performance bonds, etc.) in connection with export deals.

Online services to manage your credit risk, fast

EDC specializes in finding innovative ways to help Canadian exporters minimize risk and maximize opportunity wherever you do business. You can conduct a buyer credit check, insure a single transaction, stay informed with foreign market intelligence, and protect your bonds and guarantees - all at a click of your mouse.

Additional Information

Program information may be obtained from a front-line decision-maker (not an operator) at EDC's Emerging Exporters Team call centre from 7:30 a.m. to 8:00 p.m. Eastern Time (or 9 to 5 your time) right across Canada. You may also visit the Export Development Canada's Web.