EDC — Credit Insurance

Selling to international customers often means offering longer payment terms, which can strain cash flow and expose your business to non-payment risk. EDC — Credit Insurance is designed for Canadian exporters who want to grow globally while protecting their receivables. Backed by Export Development Canada, this program helps businesses ship goods or deliver services abroad with greater confidence, even when offering payment terms of up to six months.

Rather than providing cash upfront, credit insurance protects your business if an international customer fails to pay due to commercial or political reasons. Coverage can extend to hundreds of thousands of dollars in insured sales, helping safeguard your balance sheet and making it easier to manage working capital. This kind of protection can also strengthen your position with lenders, as insured receivables are often viewed as more secure. Startups, established small and mid-sized companies, and larger enterprises across Canada can all benefit, particularly those involved in exporting finished goods, services, or products they manufacture, design, or develop through R&D.

For Canadian businesses looking to expand exports without taking on excessive risk, EDC — Credit Insurance can be a practical tool to support international growth. Reviewing the full details can help you understand how coverage works, what costs are involved, and whether this solution fits your export strategy.