Production loan guarantee
This guarantee can be provided to banks financing production costs in connection with a specific export contract.
About the product
What does the guarantee cover?
- Eksfin shares risk with the bank providing production loan to the exporter. Production loan provides working capital for the exporter to be able to produce and deliver under a specific export contract.
- Eksfin’s guarantee can cover up to 50% of the loan amount.
- Eksfin shares collateral on equal terms and conditions with the bank.
- The loan guaranteed by Eksfin finances a specific export contract.
- Payment under the export contract should be secured e.g. through a Letter of Credit (LC).
Standard terms for Eksfin guarantees:
- Satisfactory Norwegian content/interest.
- Acceptable sustainability, environmental and anti-corruption (CSR) assessments.
Application process
Application for production loan guarantee
Who can apply?
The exporter’s bank applies to Eksfin.
How to apply?
Please start the process by filling in the application form.
How much does it cost?
Eksfin shares the risk premium on equal terms and conditions with the bank.