Common Reasons to Obtain a Guarantee from RBC

  • If the success of an important contract hinges on your ability to perform a service or make a payment
  • You wish to establish your business’ performance capability and financial integrity with clients and suppliers
  • You need to guarantee lease payments on a commercial property
  • You want to improve your financial standing by issuing guarantees rather than providing cash up front (i.e. for a down payment)
  • You’re looking to assist with bidding on large projects by providing bid, performance and warranty bonds
  • Your foreign subsidiary needs to secure credit facilities from a local bank

Export Development Program – Export Development Canada

The Export Guarantee Program provides increased borrower risk coverage, allowing RBC to consider expanding financial support to exporting companies. We provide:

  • Working capital and/or pre-shipment financing
  • Foreign investment or acquisition financing
  • Investment Tax Credit financing facilities
View Details about Export Guarantee Program

Best For:

  • Financing domestic assets (guarantees up to 75%)
  • Financing foreign assets (guarantees up to 100%)

Foreign Exchange Guarantee – Export Development Canada

The Foreign Exchange Guarantee is an irrevocable and unconditional 100% guarantee intended to substitute or supplement the collateral required to support foreign exchange hedging facilities.

  • Covers 100% of a borrower’s exposure
  • The guarantee is irrevocable and unconditional
  • Includes coverage related to performance risk (i.e. performance, bid and advance payment bank instruments)
View Details about Foreign Exchange Guarantee

Best For:

  • Exporters across sectors, regardless of company size

Performance Security Guarantee – Export Development Canada

The Performance Security Guarantee is an irrevocable and unconditional guarantee to cover 100% of the risk inherent in issuing a bank instrument.

  • Covers 100% of a borrower’s exposure
  • The guarantee is irrevocable and unconditional
  • Claims are managed directly between RBC and EDC, with no action taken against the borrower
View Details about Performance Security Guarantee

Best For:

  • Commercial direct and indirect exporters regardless of company size

Our Most Popular International Trade Products

Foreign Exchange Services

Discover how you can save on your foreign exchange transactions and minimize your risk.

Wire Payments

Pay your domestic and international vendors, in over 30 countries.

Bank Guarantees

Assure your clients and suppliers of your financial integrity without tying up working capital

Ready to Get Started?

Our dedicated specialists will work with you to provide the financial advice and solutions that best suit your business.

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