Account Performance Security Guarantee

Issue standby letters of credit without tying up your capital

The key to maximizing your working capital

Our 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.

  1. Free up cash

  2. Increase competitiveness

  3. Scale your business

Contact EDC

Unlock the collateral tied up by your letters of guarantee

Issuing letters of guarantee can put a significant strain on your balance sheet. Check out our free guide to learn how using an EDC Account Performance Security Guarantee eliminates the need to tie up your collateral, unlocking your full potential for future growth.

Tell us about yourself:

What are your total business annual sales?
Is your business currently invoicing a company outside of Canada?
Does your business currently have letters of guarantee issued or plans to use them in the future?
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Thank you for applying for coverage under your PSG Margin.

EDC will respond to your request within the next five business days. If the coverage requested exceeds the parameters approved under your PSG Margin, EDC may require additional information to enable it to assess possible risks and may require additional time to process your request.

How to get started with an APSG

  1. Step 1

    Contact EDC

    Get in touch with EDC to discuss opportunities that require a letter of guarantee, whether it’s for immediate needs or part of future plans.

  2. Step 2

    Set up an APSG

    EDC works with you and your financial institution to set up an APSG. Coverage can be pre-approved so you can react quickly to opportunities as they arise. 

  3. Step 3

    Grow your business

    Once approved, your financial institution can use your APSG to cover your collateral requirements when issuing letters of guarantee.

Account PSGs are now integral and essential to our operations. Without them, the collateral demands on our working capital would significantly limit our ability to manage and grow our export-led business.

Andrew Treble CFO, Canadian Hydro Components
Aerial view of water rushing through a hydroelectric dam

Frequently asked questions

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Have a question about EDC’s Account Performance Security Guarantees?

We’re here to help.

Contact us using the link below or call us at 1-800-229-0575.

Contact EDC
Date modified: 2025-01-17