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If doing business with foreign customers is tying up your working capital, we have a solution. We can help free up your money by providing guarantees to your bank so that they, in turn, can issue guarantees to your customers and suppliers.
A Performance Security Guarantee fully protects your bank in the event of a call on a contractual guarantee they issued on your behalf.
Surety Bond Insurance fully protects your surety company in the event of a call on a contractual guarantee they issued on your behalf.
A Exchange Facility Guarantee gives your financial institution a guarantee in lieu of collateral so you can buy a foreign exchange contract to protect against currency fluctuations.
A Financial Security Guarantee for your financial institution encourages them to issue a letter of guarantee to your supplier on your behalf without the need for collateral.
More information
Call 1-866-283-2957 weekdays between 8 a.m. and 6 p.m. EST or visit the EDC website – click here
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