# EDC — Trade Expansion Lending Program

**Type:** Grant
**Category:** Other Programs
**Eligible Regions:** All of Canada
**Official Source:** https://www.edc.ca/en/solutions/working-capital-guarantees/trade-expansion-lending-program.html

## About This Program

Access working capital from your financial institution

## Details

The Trade Expansion Lending Program (TELP) is a guarantee that helps you access more working capital from your financial institution. EDC shares the risk with your lender by guaranteeing part of your loan or line of credit, allowing them to offer the credit conditions you need to grow.  TELP allows you to access more working capital, enabling you to take on larger projects, enter new markets and invest in your company’s growth without the stress of cash flow issues. You can use your additional capital to fund your operations, take on new contracts, expand production capacity (with a CapEx loan), pursue other opportunities to grow your business internationally.

## Apply Automatically with GrantOps

GrantOps automates applications for this program and 5,500+ other Canadian government incentives.

- Connect GitHub, Jira, Linear, or your project tools
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Start free: https://app.grantops.ai/auth?mode=signup
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