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Financing Services for Smaller Capital Goods Exporters

Export Development Canada (EDC)

Last Verified: 2005-12-05

Access to cash is one of the greatest barriers to growth experienced by Canadian exporters. Export Development Canada (EDC) has a number of solutions, offered in conjunction with your financial institution, which increase your ability to access working capital. 

Eligibility Criteria

This program applies to Canadian exporters.

Summary

New!

EDC can help you access a performance guarantee for your contract without tying up your cash or operating line.

  • Free up collateral held by your bank against foreign exchange forward contracts.
  • Secure financing for pre-shipment costs through a risk-sharing program with your financial institution.
  • Margin your accounts receivables into additional working capital through accounts receivable insurance or a receivables guarantee.
  • Convert your receivables into cash by selling them - factoring - backed by an insurance policy. 

Exporting your company's goods and services can present many challenges, including the possibility of exposure to corrupt business practices. Effective since 1999, the Corruption of Foreign Public Officials Act makes it a criminal offence under Canadian law to bribe a foreign public official in the course of business. For more information, see Export Development Canada's brochure: Keeping Corruption Out. *Note: To download publications in PDF format, Adobe Acrobat Reader is required (available free of charge).

Saskatchewan Contact(s):
Western Region (Manitoba and Saskatchewan)
Mr. Brent Prior
Senior Business Development Manager
Export Development Canada
Suite 2075, Commodity Exchange Tower
360 Main Street
Winnipeg, Manitoba  R3C 3Z3
Telephone: (204) 975-5090
Fax: (204) 975-5094
Toll-free (information): 1-888-332-3777
TTY (hearing impaired): 1-866-574-0451
E-mail: bprior@edc.ca


National Contact(s):
Emerging Exporters Team
Export Development Canada
151 O'Connor Street
Ottawa, Ontario  K1A 1K3
Telephone: (613) 598-2500
Fax: (613) 598-6871
Toll-free (information): 1-866-283-2957
TTY Toll-free (hearing impaired): 1-866-574-0451
TTY (hearing impaired): 1-866-574-0451
E-mail: export@edc.ca




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Last Modified: 2005-12-05 Important Notices