EDC — Account Performance Security Guarantee

Overview

Issue letters of guarantee or standby letters of credit with your financial institution without putting up cash or freezing your credit line as collateral.

At a glance

Eligibility and requirements

Use this to Access working capital guarantees typically available to Canadian exporting companies when you have a commercial banking relationship at your financial institution Note : Since these guarantees are delivered in collaboration with your lender, your financial institution account manager will work with EDC to determine the right solution for you.

How it works

Get in touch with EDC to discuss an opportunity that requires a letter of guarantee. EDC works with you and your financial institution to set up an APSG. Upon approval, an APSG offer is issued to your financial institution, transferring the collateral requirement and risk to EDC.

How Mona Studio helps business owners use this program

EDC — Account Performance Security Guarantee is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

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