Trade Expansion Lending Program
How TELP can support your business
Reach new markets faster
Access additional financing to cover sales in a new market, build capacity to meet projected demand and finance upfront costs for your international contracts.
Support your international investments
TELP may increase how much you can borrow so you can get the financing you need to set up an office in another country.
Manage your cash flow
Get the confidence you need to take on new international contracts knowing you have sufficient cash flow.
How TELP has helped one Canadian exporter
How TELP works
We’ve partnered with EDC to help your business expand outside of Canada.
Here's how:
- EDC shares the risk on your operating line with BMO so that you get additional access to working capital.
- You get the financing you need to increase your international sales.
Is TELP a good fit for your business?
TELP might be a good option if you own a Canadian company that:
- Sells goods or services outside of Canada (including to the U.S.)
- Supplies Canadian buyers who then directly export the goods or services
- Has a signed international contract
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