Minimize the capital you need to commit for the bank to issue guarantees on your behalf.
Pre-approved support means you can go after new business knowing your bank will issue the guarantees your customers require.
Cover your bonds at a predictable pre-set rate and factor the cost into your contract pricing from the outset.
Provide a guarantee to your suppliers and negotiate more flexible terms as a result.
Eligibility is determined by EDC based on:
100% coverage of eligible contractual and financial letters of guarantee associated with:
"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
Alicia McCarthy
Senior Trade Advisor, EDC
