This program is designed specifically for Indigenous businesses like yours, offering a unique opportunity to expand your reach into global markets. Export Development Canada (EDC) provides comprehensive support to help you grow and thrive internationally. By participating, you can access valuable resources, financial solutions, and expert advice tailored to your needs.

Key Benefits:

• Credit Insurance: Protect your sales with coverage for up to 90% of insured losses if your customer doesn’t pay.
• Working Capital Guarantees: EDC offers guarantees to your financial institution, making it easier for you to secure the working capital needed for growth.
• Investment Matching: Fast, reliable capital through partnerships with venture capital or private equity investors.
• Inclusive Trade Investment Program: Additional funding to accelerate your export growth, especially if your business is nearing $500,000 in revenue.

Why Apply?

• Risk Management: EDC helps you navigate and manage risks associated with international trade.
• Growth Opportunities: Expand your customer base and revenue streams by entering new markets.
• Community Impact: Create jobs and prosperity within your community while honoring Indigenous trade traditions.

Qualifying for this program is straightforward, and the support provided can significantly enhance your business's ability to compete on the world stage.

Type of Financing: Loan Guarantee

Repayment Terms and Interest Rates:

• The loan is guaranteed by Export Development Canada (EDC), making it easier for you to access working capital.
• Interest rates and repayment terms are determined by your financial institution.

Eligible Expenses:

• Working capital to support day-to-day operations.
• Purchase of equipment and machinery.
• Leasehold improvements.
• Intangible assets such as patents and trademarks.

Ineligible Expenses:

• Funds cannot be used for refinancing existing debts.
• Personal expenses or non-business-related costs.

Fees:

• There are no direct fees associated with the EDC guarantee itself, but your financial institution may have its own fees for processing the loan.

This program is designed to help your business grow by entering international markets. You can receive financial support to expand your reach globally. This includes funding for working capital, insurance to protect your sales, and resources to improve your export knowledge.

Here’s what you can get:

• Credit Insurance: Covers 90% of your insured losses if your customer doesn’t pay.
• Working Capital Guarantees: Makes it easier to access loans by guaranteeing repayment to your financial institution.
• Investment Matching: Provides additional capital by matching investments from your venture capital or private equity partners.
• Inclusive Trade Investment Program: Offers equity capital to support your expansion in global markets.

The benefits for your business include:

• Increased financial security: With credit insurance, you can take on new contracts confidently, knowing you’re protected against non-payment and other risks.
• Easier access to funds: Working capital guarantees make it simpler to get the money you need to grow.
• More capital for growth: Investment matching and inclusive trade programs provide additional funding to help you scale.

By participating in this program, you can expand your business internationally, create jobs, and bring prosperity to your community.