InsuranceExportingWorking Capital
EDC Surety bonds
EDC provides access to contract or performance bonds with surety bonds.
Encourage your surety company to provide you with the bonding capacity you need to grow your business. We can reinsure them against losses if a customer demands payment against your surety bond.
Offered by Export Development Canada
Amount
No fixed amount
Quick eligibility check
Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Who can apply
Applicants must be
Applicants must be active exporters. Eligibility is determined by EDC based on:
- the managerial, technical and financial capabilities of your company
- review of the bond
- contract terms
- conditions and economic outlook in your customer’s country, and the customer’s profile
About the funding
We share risk with a surety company in the case of your inability to deliver on your:
contractual obligations
financial obligations
regulatory obligations
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 Portfolio Credit Insurance | Insurance | Policy pays up to 90% of the value of your insured invoice | 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 |
| AAFC AgriInsurance | Insurance | No fixed amount | Open |
