Working Capital Guarantee

The BDIC can help your business obtain working capital financing (i.e. operating line of credit or overdraft from your bank) by guaranteeing the working capital arrangement with an Irrevocable Standby Letter of Credit.

There is an annual commission charge for guarantees which varies from 2% to 4%, depending on the credit risk involved

View application forms

For more information on the BDIC’s credit programs, please contact your regional Industry, Tourism and Investment office or phone us toll free at 1-800-661-0599.