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Who is Export Development Canada?
Export Development Canada(EDC) is an export credit agency. They were first established in Ottawa in 1944. They provide their clients’ solutions for increasing working capital and securing finances. They offer numerous options to secure the financing you need, such as:
- Direct lending
- Buyer Financing
- Export Guarantee Program
They also have insurance options that will protect your business from all sorts of risks. For example, if a customer doesn’t pay you for your service or product EDC can cover up to 90% of your loss.