Guarantees that open doors to new markets

Financing becomes easier and opportunities for more business increase when EKN shares the payment risk. EKN can guarantee exports of both goods and services, and small as well as large transactions.

Our most requested guarantees

There are many risks that can arise in an export transaction. Below are our most requested guarantees and what they cover.

Guarantee for non-payment in supplier credits

  • For credits up to 12 months – Guarantee for trade receivables
  • For longer credit periods – Guarantee for loss on claim, for exporter

Counter Guarantee

  • For contract guarantees, for example an advance payment guarantee
  • Is used by the issuing bank to share the recourse risk on the supplier
  • Also sub-suppliers to exporting companies can use this guarantee 

Working capital credit guarantee

  • Shares the bank’s risk in loans and overdraft facilities financing exporting small and medium-sized companies
  • Also sub-suppliers to exporting companies can use this guarantee
  • Special solution for innovative companies up to the size of Midcorp

Other guarantees

EKN also has guarantees for banks confirmed letters of credit, discounted bills of exchange, and loans to the buyer in an export transaction. Exporting companies may insure the risk of cancellation pre-shipment and for unfair calling of a contract guarantee. We also have a guarantee for investments abroad.