Content Section
Export Guarantee
Export Guarantees – an instrument for covering domestic needs for collateral in exports.
The domestic collateral needs for exports can be covered by export credit guarantees
Does your company need working capital financing to manufacture export products or to finance the payment period granted to the buyer?
By means of an Export Guarantee, an exporter can acquire pre-delivery or post-delivery financing for working capital from a bank. An Export Guarantee can also serve as countersecurity for a bank when a bond is given in favour of a foreign buyer (a bid bond, an advance payment bond, a performance bond or a warranty period bond).
Terms and conditions of the Export Guarantee
Finnvera’s guarantee covers a maximum of 80% of a loan or other financial commitment.
Export Guarantees can be issued for the following purposes:
- provision of financing for pre-delivery working capital needs in export projects, such as financing for manufacturing costs and raw material purchases
- provision of financing for post-delivery working capital needs (financing to cover the buyer’s payment period
- bonds pertaining to delivery contracts (bid bonds, advance payment bonds, bonds for manufacture, delivery and warranty periods)
Share page:
