Buyer Credit Guarantee
The Buyer Credit Guarantee in favour of banks covers non-payment by the borrower under the Credit Agreement.
The Guarantee covers events that may occur from and including the day when the claim arises, which normally is upon utilisation under the Credit Agreement.
Transactions that can be guaranteed
You can apply for the Buyer Credit Guarantee for different types of foreign transactions associated with the export of goods and services. EKN can cover both small and large scale transactions with this guarantee.