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Source verified July 6, 2026
EDC — Credit Insurance
Credit insurance against unpaid invoices
Latest source updateLast Update: April 20, 2026Latest change: EDC’s Credit Insurance content now includes a new explainer page with product-selection guidance, application-style steps, funding details, and contact information.View change
Latest source update
Last Update: April 20, 2026
Latest change: EDC’s Credit Insurance content now includes a new explainer page with product-selection guidance, application-style steps, funding details, and contact information.
Credit Insurance guidance expanded
EDC’s Credit Insurance content has expanded beyond the previous guidance pages to add a full product explainer and decision-flow content. The new material introduces selection steps, coverage details such as up to 90% coverage, scope changes for related products, and direct contact options. The update also affects how users navigate the program by adding questionnaire-style guidance, inquiry links, and additional outbound resources. Most other pages show only cosmetic or template-level changes.
Funding available
Up to 90% of project cost
Deadline
Open continuously
Location
Canada
Overview
Protect your profits and get covered for 90% of your insured losses if a customer doesn’t pay.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Access new markets
Eligible Funding
- Up to 90% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Securing accounts receivable against non-payment risks for international sales.
- Obtaining insurance coverage for short-term or ongoing export transactions.
- Protecting receivables related to single international customers, specific transactions, or entire portfolios of export clients.
- Expanding business into new global markets with risk mitigation support.
Documents Needed
- Policy document and policy number
- Transaction records and supporting documents
- Proof of debt documents
- Credit approval or discretionary credit limit proof
- Claim support documents for losses
Official resources
Program guide
Eligibility
Who is eligible?
- Canadian exporters of all sizes
- Businesses selling goods or services to customers outside Canada
- Companies creating goods or services that are part of an international supply chain
- Businesses planning to export in the future
Who is not eligible
- Businesses that cannot use the online portal because cookies are blocked
Eligible expenses
- Coverage of insured losses resulting from non-payment by international customers (up to 90% of receivables).
- Protection for single or multiple international customer transactions and entire books of receivables.
- Insurance for pre-shipment costs in case of order cancellation (for portfolio policies).
Ineligible Costs and Activities
- Disputed amounts with a buyer
- Documentation risks from invalid or unenforceable contracts
- Sales to related buyers
- Currency devaluation losses
- Losses from changed payment terms, missing down payments, or missing required permits and approvals
Eligible geographic areas
- Companies based in Canada.
Selection criteria
Short-term and portfolio credit insurance have different evaluation and selection criteria. Short-term coverage is ideal for new or occasional exporters with transactions up to $500,000, while portfolio credit insurance suits active exporters with consistent sales and the need for ongoing coverage.
- New or occasional exporter
- Transactions up to $500,000
- Exploring new markets
- Few customers
- Fast and simple coverage online
- Active exporter with consistent sales
- Insure an unlimited number of customers
- Flexible coverage with more policy options
- Cover pre-shipment costs in case of contract cancellation
How to apply
- Step 1: Access the online platform
- Sign in to the EDC credit insurance portal or MyEDC account.
- Allow cookies if required by the site.
- Step 2: Complete the requested action
- Make a declaration, amend a declaration, or request a credit approval as needed.
- Provide any additional information requested by EDC.
- Step 3: Review policy details
- Check the policy offer, credit limit status, or other policy information before confirming.
- Accept or decline the policy offer if prompted.
- Step 4: Submit the request online
- Send the completed request through the EDC platform.
- Use the portal for follow-up actions such as changing credit limits or submitting a claim.
Processing and Agreement
- Applications and claims are handled through EDC’s online credit insurance platforms.
- Applicants may need to allow cookies to use the portal and related services.
- Policy-related actions can include accepting or declining an offer, managing declarations, and submitting claims.
- Policy documents and exclusions are used during the review and claims process.
Additional information
- Coverage includes protection for both accounts receivables and profits against customer non-payment.
- Insurance policies can be tailored to insure a single customer, multiple customers, or entire receivables portfolios.
- Trade credit insurance can help increase access to working capital by enabling financial institutions to lend against insured invoices.
- Coverage can be set up quickly online for select policies, making it suitable for new exporters and those with urgent needs.
Contacts
Frequently Asked Questions about the EDC — Credit Insurance Program
What is the EDC — Credit Insurance?
Protect your profits and get covered for 90% of your insured losses if a customer doesn’t pay.
How much funding can be received?
EDC — Credit Insurance Funds up to 90% of admissible expenses.
Who is eligible for the EDC — Credit Insurance program?
To be eligible for the EDC — Credit Insurance program, you must:
Must be a Canadian exporter
Sell or plan to sell goods or services internationally
What expenses are eligible under EDC — Credit Insurance?
Securing accounts receivable against non-payment risks for international sales.
Obtaining insurance coverage for short-term or ongoing export transactions.
Protecting receivables related to single international customers, specific transactions, or entire portfolios of export clients.
Expanding business into new global markets with risk mitigation support.
Who can I contact for more information about the EDC — Credit Insurance?
You can contact Export Development Canada (EDC) by email at support@edc.ca or by phone at 1-800-229-0575.
Where is the EDC — Credit Insurance available?
The EDC — Credit Insurance program is available across Canada.
Is the EDC — Credit Insurance a grant, loan, or tax credit?
EDC — Credit Insurance is a Grant and Funding