EDC Business Credit Availability Program (BCAP) Guarantee
For Canadian small and medium-sized businesses
To cover payroll and operating costs caused by the current economic situation
Flexible terms
Repay over 5 years and benefit from 6 months principal payment postponement.
Guaranteed loans
EDC will guarantee 80% of your new operating line of credit or new term loan.
For more details on EDC’s BCAP Guarantee, visit EDC’s website
Is my business eligible?
Below are some of the eligibility criteria

Your business is Canadian-based and in operation as of March 1, 2020
Your business was directly or indirectly impacted by COVID‐19
Your business must have been financially stable and viable prior to the current economic turmoil
Subject to each financial institution’s underwriting criteria
Contact your primary financial institution to apply
Looking for a different financing solution for your business? See how BDC can help
Frequently asked questions
Here are some answers to questions you may have on the Canada Emergency Business Account.
Why can’t I apply for EDC’s BCAP Guarantee program with BDC?
This program is put in place by the Government of Canada and has been implemented by eligible financial institutions in cooperation with Export Development Canada (EDC).
Which other relief program can help my business?
A number of measures, in addition to access to credit, have been put in place through the Government of Canada’s Economic Response Plan to help you through these trying times. We invite you to consult these pages to find out what measure best fits your needs.