Liquidity Guarantee (Large Corporates)
Woman handling a machine by crane

Finance your company with a Liquidity Guarantee for Large Corporates


Is your company impacted by the corona crisis and do you need liquidity in the bank in order to finance your company expenses?
EKF’s Liquidity Guarantee supports large exporting Danish companies whose turnover declines by 30% or more as a result of the coronavirus crisis. The guarantee will secure the liquidity you need to meet your payroll, supplier and rent costs for example even though your earnings have decreased.

This is achieved by EKF covering 70% of any loss your bank might make on a new loan made to you, to secure the liquidity of your business. This makes it more attractive for the bank to give you a loan. A Liquidity Guarantee can cover loss of revenue in the period 1 March 2020 to 30 September 2020.

What we offer


It enables you to get a loan from a bank even if you are experiencing a decrease in turnover.
You will be able to keep your company running and pay wages, suppliers, rent and other fixed costs even if your earnings go down.
Favourable repayment terms: The Liquidity Guarantee matches the bank’s repayment profile and tenor may be up to 6 years.

What are the eligibility requirements?


At least 10% of your total turnover in 2019 must have been generated by exports. Exports include direct exports to or in a foreign market, sub-contracting to Danish exporters and revenue from foreign tourists in Denmark.
You have experienced or expect to experience a decline in turnover of a minimum of 30% as a result of the spread of COVID-19. Loss of turnover may be for the entirety of, or part of (minimum of 14 days), the period from 1 March 2020 to 30 September 2020 relative to the same period in 2019.
Your company must be creditworthy and not in financial distress as of 31 December 2019, i.e. before the onset of the coronavirus crisis.
Your business must be conducted in an environmentally and socially responsible manner.

How a Liquidity Guarantee works

A Liquidity Guarantee helps you finance your company's current operating expenses if your earnings decrease as a result of the corona crisis.


We assume the majority of your bank's risk, and with our backing, it is more attractive for your bank to grant you a credit facility.
The process

How to get a Liquidity Guarantee

To fødevareproducenter i kitel står ved et samlebånd.
1

You need more liquidity

You have experienced a decline in turnover as a result of the spread of COVID-19 and you need more liquidity.

EKF ansat gennemgår dokumenter med sin kollega.
2

Your bank requests additional security

Your bank would like to give you credit, but wants security in case anything goes wrong. We can provide that security.

Papirarbejde
3

The paperwork

Your bank applies for a Liquidity Guarantee. Your bank will ask you to fill out a company declaration for the application.
The bank sends the documents to us, and we run a credit rating check on your company.

Ikon for Købsaftale i EKF's rød og blå farve
4

We send an offer

If we agree to guarantee the credit, we send an offer to your bank. Your bank contacts you.

Mænd i arbejdstøj vurdere maskinedel
5

Acceptance

You and your bank accept the offer, and your bank requests us to issue a Liquidity Guarantee.

6

Your credit is available

We issue your Liquidity Guarantee, and you get your credit with the bank.

Relevant documents

CONTACT AN ADVISOR
Head of Industry team Søren Juhl

Any questions about Liquidity Guarantee for Large Corporates?


If so, call or write Søren Juhl on telephone +45 35 46 26 20 or e-mail sju@ekf.dk. You can also contact one of his colleagues in the Industry Team.
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