How to be Ready for Export Development of Canada (EDC) Loan Guarantee

Her CEO Journey™: The Business Finance Podcast for Mission-Driven Women Entrepreneurs

English - April 21, 2020 18:00 - 14 minutes - 10.1 MB - ★★★★★ - 3 ratings
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Previous Episode: How to Plan a Pivot Effectively During a Crisis - The Journey of Kathryn Schifferle

Next Episode: Bridging the Small Businesses Financing Gap - The Journey of Christine Chang

As of April 20, 2020, these financial institutions are accepting the application for Export Development of Canada (EDC) Loan Guarantee under the Business Credit Availability Program (BCAP): Scotiabank, National Bank of Canada, Bank of Montreal. If you are a business client of these financial institutions, then reach out to your business account manager.

In this bonus episode, I shared the following:

1. The updated eligibility criteria for Canada Emergency Business Account (CEBA) (1:55)
2. Canadian government’s intention to help business owners with rent assistance (3:15)
3. Revise your scenario analysis (4:22)
4. Details of the Export Development Canada (EDC) Loan Guarantee program as of April 20, 2020 (5:03)
5. How to be ready for the application process for EDC Loan Guarantee (8:35)

Need to untangle your financial story and apply for EDC Loan Guarantee? Click here.

Check out the list of resources for the Canadian financing program and subsidy.

Submit your question here and I will answer it in another bonus episode.