InsuranceCanadaExportingWorking Capital
EDC Portfolio Credit Insurance
Your accounts receivable can represent a large portion of your balance sheet. Manage the risk of non-payment with Portfolio Credit Insurance. If your customer doesn’t pay you, we will.
Offered by Export Development Canada
Amount
Policy pays up to 90% of the value of your insured invoice
Quick eligibility check
Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Anywhere in Canada
Who can apply
Applicants must be active exporters.
About the funding
What’s covered under my Portfolio Credit Insurance policy?
Your policy will pay up to 90% of the value of your insured invoice if:
- Your customer declares bankruptcy
- Your customer defaults on their payment
Show all funding details
- Your international customer refuses to accept the goods
- Your customer terminates your contract before you ship (in some cases)
- Hostilities in a particular market prevent your international customer from paying
- Cancellation of export/import permits
- Issues with currency conversion or transfer
Can I also cover my domestic sales with Portfolio Credit Insurance?
Yes. When purchasing Portfolio Credit Insurance, you have the option of covering your domestic sales through our partnership with another insurer.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| EDC Performance Security Insurance | Insurance | 100% unconditional, irrevocable, AAA-rated guarantee to your financial institution on letters of guarantee and standby letters of credit | Open |
| EDC Select Credit Insurance | Insurance | Covers up to 90% of your insured losses (up to 90% of the value of your insured invoice), on insured sales up to $500,000 | Open |
| EDC Surety bonds | Insurance | No fixed amount | Open |
| AAFC AgriInsurance | Insurance | No fixed amount | Open |
