EDC — Account Performance Security Guarantee
All of Canada
Government of Canada, Export Development Canada
Program Contact Details
Email information unavailable
1-800-229-0575
Industry
All industry sectors
What is this funding for?
Free up collateral held against a standby letter of credit
Program Description
The Account Performance Security Guarantee (APSG) is the only solution in Canada that gives your financial institution a 100% guarantee for standby letters of credit. This frees up your cash or credit line to help grow your business.
Steps to Apply
1. Contact EDC to discuss opportunities requiring a letter of guarantee
2. Collaborate with EDC and your financial institution to set up an APSG
3. Prepare and submit the necessary documentation for EDC's review
4. Await EDC's assessment of your company's capabilities and the letter of guarantee
5. Receive approval and finalize terms with your financial institution
Need help with business funding?
Our expert consultants have got you covered!
Grant Fund Pro has always been about making funding accessible for businesses, no matter the size. If you're looking to save time in applications or just checking what programs are available for you, our team is here to help.
The information you provide in this form is kept private and is processed only to determine your eligibility for current funding opportunities and to connect you with the most suitable programs for your business.
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