Security Compliance Loan
Security Compliance Loan helps you to finance the security upgrades your company may need to meet U.S. border security requirements, as defined by the Customs-Trade Partnership against Terrorism (C-TPAT).Once you satisfy these requirements, border clearance times may be reduced considerably as your goods will have expedited clearance at the Canada/U.S. border.
The loan – up to $150,000 – can be used to cover up to 85 per cent of your security-upgrade costs. A full $5,000 can be used for the security gap analysis. Generally, loans are repayable within three years.
Qualification
Any Canadian company with at least three-years operating history can inquire about this loan, and must agree to work with an EDC-approved advisory service to conduct a security gap analysis required as part of the loan application.
Cost
An interest rate is charged on the loan.
Apply
Application form (PDF Format)
More Information
Brochure (PDF Format)
Call 1-866-283-2957 weekdays between 8 a.m. and 6 p.m. EST or submit an inquiry online.
Important Information
The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.
