EDC Surety bonds
No fixed amount
Insurance
Description:
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.
Comments on Funding:
We share risk with a surety company in the case of your inability to deliver on your:
contractual obligations
financial obligations
regulatory obligations
Continuous Intake
Eligibility:
Applicants must be
Applicants must be active exporters. Eligibility is determined by EDC based on:
1. the managerial, technical and financial capabilities of your company
2. review of the bond
3. contract terms
4. conditions and economic outlook in your customer’s country, and the customer’s profile
Application Steps:
Applicants must contact EDC on weekdays between 9 a.m. and 5 p.m. ET: 1-800-229-0575
Or send a question using the contact us form.
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice