Account Performance Security Guarantee EDC

Account Performance Security Guarantee

Issue letters of guarantee without tying up your capital.

Free up your cash flow with an Account Performance Security Guarantee

Issue letters of guarantee without putting up cash or credit to your bank as collateral. We will provide a 100% guarantee to your bank for any bonds it posts on your behalf.

Better cash flow

Minimize the capital you need to commit for the bank to issue guarantees on your behalf.

Pursue opportunities

Pre-approved support means you can go after new business knowing your bank will issue the guarantees your customers require.

Profit margin protection

Cover your bonds at a predictable pre-set rate and factor the cost into your contract pricing from the outset.

Better supplier terms

Provide a guarantee to your suppliers and negotiate more flexible terms as a result.

Unlock more cash with the Account Performance Security Guarantee

Eligibility is determined by EDC based on:

  • the managerial, technical and financial capabilities of your company
  • review of the letter of guarantee
  • conditions and economic outlook in your customer’s country, and the customer’s profile

100% coverage of eligible contractual and financial letters of guarantee associated with:

  • contractual guarantees
  • regulatory guarantees
  • supplier guarantees
"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.”

Andrew Treble, CFO, Canadian Hydro Components

Industry

Hydroelectricity

Key Foreign Markets

United States

Number of Employees

30

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Still have questions about the Account Performance Security Guarantee?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible.

Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC