Capital Expenditure Guarantee requirements and conditions

What does EKF cover?

EKF can provide a guarantee of up to 80 per cent of the bank's risk of loss on the loan or the leasing agreement.

What does a Capital Expenditure Guarantee cost?

EKF charges a premium for issuing a Working Capital Guarantee. Small and medium-sized enterprises (SMEs) pay a set premium, depending on the credit rating of the enterprise.

RATING MINIMUM PREMIUM P.A.
A: 0.8%
BBB: 1.2%
BB: 2.0%
B+: 3.8%
B-:6.3%

In addition, you will pay interest and costs to your bank for your loan. Your bank can give you the total price.

The premium for guarantees above DKK 25 million for SMEs and for guarantees for large enterprises is determined based on current market rates.

Who is eligible for a Capital Expenditure Guarantee?

You are eligible for a Capital Expenditure Guarantee if your company's export turnover amounts to a minimum of 20 per cent of the total turnover in your latest financial statements. Export also includes sales to Danish export companies or foreign tourists.

If your company does not currently fulfil this requirement, but is planning to increase exports, or if you have secured a specific export order, EKF will be able to assess whether a guarantee can be issued anyway.

How much does a Capital Expenditure Guarantee cover?

There is no maximum or minimum amount.

What is the term of a Capital Expenditure Guarantee?

The repayment term of the guarantee depends on the asset to be financed.

Environmental and social sustainability requirements

If the guarantee amounts to DKK 25 million or more, we assess your company's approach to the environment and human rights. To this end, EKF will contact you to gain an insight into the company.