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EDC — Account Performance Security Guarantee - Canada
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EDC — Account Performance Security Guarantee

Free up collateral held against a standby letter of credit
Export Development Canada (EDC)
Government of Canada
Last Update: March 4, 2026
Funding available
No Condition
Timeline
  • Open continuously
Location
Canada

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.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Access new markets
Eligible Funding
  • No Condition
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Issuing contractual or financial letters of guarantee, such as bid bonds, performance bonds, and warranty bonds, to support business operations.
  • Facilitating business growth by freeing up working capital for new or ongoing projects.
  • Securing supplier and lease guarantees necessary for project execution or expansion.
  • Supporting mergers and acquisitions by providing guarantees for acquisition bonds or balance of sale requirements.
  • Enhancing competitiveness by enabling rapid issuance of bonding needed to access new business opportunities.

Eligibility

Who is eligible?

  • Export-led businesses operating in Canada

Eligible expenses

  • Collateral requirements for letters of guarantee, including bid bonds, acquisition bonds, advance payment guarantees, performance bonds, warranty bonds, lease bonds, supplier guarantees, and regulatory guarantees.

Additional information

  • There is no setup cost for the APSG; fees are only incurred when the guarantee facility is used.
  • The monthly rate for the guarantee is pre-set and can be included in contract pricing.
  • The APSG can be used in conjunction with Performance Security Insurance to provide additional protection.
  • An APSG may support mergers and acquisitions by covering acquisition bonds or guarantees on a balance of sale.

Contacts

1-800-229-0575

Frequently Asked Questions about the EDC — Account Performance Security Guarantee Program

Here are answers to the most common questions about the EDC — Account Performance Security Guarantee. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the EDC — Account Performance Security Guarantee?

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

Who is eligible for the EDC — Account Performance Security Guarantee program?

To be eligible for the EDC — Account Performance Security Guarantee program, you must: Company's operational and financial health will be reviewed Assessment of letter of guarantee and customer's profile

What expenses are eligible under EDC — Account Performance Security Guarantee?

Issuing contractual or financial letters of guarantee, such as bid bonds, performance bonds, and warranty bonds, to support business operations. Facilitating business growth by freeing up working capital for new or ongoing projects. Securing supplier and lease guarantees necessary for project execution or expansion. Supporting mergers and acquisitions by providing guarantees for acquisition bonds or balance of sale requirements. Enhancing competitiveness by enabling rapid issuance of bonding needed to access new business opportunities.

Who can I contact for more information about the EDC — Account Performance Security Guarantee?

You can contact Export Development Canada (EDC) or by phone at 1-800-229-0575.

Where is the EDC — Account Performance Security Guarantee available?

The EDC — Account Performance Security Guarantee program is available across Canada.

Is the EDC — Account Performance Security Guarantee a grant, loan, or tax credit?

EDC — Account Performance Security Guarantee is a Other Support

Who are the financial supporters of the EDC — Account Performance Security Guarantee?

EDC — Account Performance Security Guarantee is funded by Export Development Canada (EDC), Government of Canada

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