Obtain financing for major export projects
What we offer
Requirements for your business
How a Project Financing Guarantee works
Major projects with lengthy time frames often carry greater risk than banks generally want to assume when lending money.
With a Project Finance Guarantee, banks are ensured repayment of the guaranteed portion of the loan. If something goes wrong during the project, EKF will pay compensation.
With financing from one or more banks and equity from investors, the project can place its order with you.
Guarantee secured financing of salmon farm in Switzerland
The Swiss Alpine Fish company saw the potential in producing sustainable Atlantic salmon deep in the Swiss Alps. The company chose a turnkey solution from Danish companies Krüger A/S and Gråkjær A/S. A circle of investors injected more than half the overall project costs, which totalled EUR 15 million. However, raising the rest of the capital as loans from Swiss banks proved challenging. Thankfully, with EKF behind them, the Danish exporters were able to offer a financial solution for the project. EKF issued a Project Financing Guarantee to cover more than half of a EUR 7 million loan from Crédit Suisse.Read their story
How to get a Project Financing Guarantee
You want to secure financing of your export for a major project
You have the opportunity for a large export deal for a major foreign project. Investors may be prepared to provide some of the financing, but bank loans are also required.
The bank requires security for the loan
The bank believes the project risk is too large, and wants security for the loan. You contact EKF and talk to us about the project.
We run a credit rating check on your export project
You ask EKF to assume some of the risk for the bank loan in the form of a Project Financing Guarantee. However, we must first run a thorough credit rating check on the project and various other factors to establish the extent of the risk. This includes a CSR screening, among other things. If the guarantee amount is over DKK 25 million, a more in-depth CSR assessment will be required.
If we approve the project, we will send the bank an offer detailing the cover, price and conditions.
And we're done
We issue the Project Financing Guarantee to cover the risk for the part of the loan that we are guaranteeing. The project can then buy your product or service.