Finance your company with a Liquidity Guarantee for Large Corporates
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 80% 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 31 December 2021.
NOTE: The application deadline has expired for 2021, but EKF expects it will be possible to apply again from January 2022.
What we offer
What are the eligibility requirements?
How a Liquidity Guarantee works
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.
How to get a Liquidity Guarantee
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.
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.
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.
We send an offer
If we agree to guarantee the credit, we send an offer to your bank. Your bank contacts you.
You and your bank accept the offer, and your bank requests us to issue a Liquidity Guarantee.
Your credit is available
We issue your Liquidity Guarantee, and you get your credit with the bank.