Working capital guarantee

About the product

Improved liquidity and flexibility with a working capital guarantee

Sufficient working capital is often a challenge for small and medium-sized enterprises. Eksfin therefore cooperates with banks to increase access to operating credit (overdraft facilities, etc.) for Norwegian export companies. By Eksfin assuming 50% of the bank’s credit risk, the bank can lend more money to companies in their growth phase.

Eksfin can guarantee working capital from a bank for

• companies involved in exporting activities
• subsuppliers of a Norwegian export company
• growth companies that are planning to export may also qualify for the guarantee

For growth companies, liquidity may be critical when competing for international contracts. With increased credit limits, companies gain more flexibility enabling them to concentrate their efforts on their core business.

With a working capital guarantee your company can

• offer larger contracts
• increase production
• accept longer payment terms
• be less dependent on advance payment

Conditions and structure

Eksfin can guarantee up to 50%. Only banks that have entered into a framework agreement with Eksfin can offer working capital guarantees. More and more banks are entering into such framework agreements – ask your banker or contact us directly.

Banks can apply for risk relief from Eksfin under a framework agreement on the following conditions:

• The company must be Norwegian.
• The company is either an exporter or a subsupplier in an export value chain.
• The company must expect to have at least a 20% direct or indirect export share of its total operating income.
• The bank must assess the company as creditworthy.

How to apply?

The bank applies for the Working Capital Guarantee on behalf of the company. More comprehensive info exist on the norwegian version of this page.

Contact Eksfin for more information. Send an email to direct@eksfin.no.