
100% coverage of eligible contractual and financial letters of guarantee including (but not limited to):
Eligibility determined by EDC based on requirements, including:
Having a pre-approved facility, coupled with unfettered access to your cash and working capital, means you can invest those dollars in other areas to grow your business.
With a supplier guarantee in place, you can negotiate open account terms and a more favourable payment schedule, which can help improve your business cash flow cycle.
Having a predefined rate means you can price contracts accordingly, allowing you to anticipate costs and protect your profit margins.
An APSG supports advance payment guarantees, enabling more flexible customer payment schedules to better manage your liquidity.
Having a predefined facility means your administrative burden is reduced, giving you the agility to react to bids quickly.
Respond to your customers’ letter of guarantee requirements quickly and easily, enhancing your creditworthiness and your ability to deliver on their projects.
Account PSGs are now integral and essential to our operations. Without them, the collateral demands on our working capital would significantly limit our ability to manage and grow our export-led business.
Reach out to EDC to learn how we can work with you and your financial institution to maximize your access to working capital. Have questions about our offering? Send us a question or call us at 1-800-229-0575 weekdays between 9 a.m. and 6 p.m. ET.