A working capital credit guarantee makes obtaining capital easier for small and medium-sized companies with no more than 250 employees and an annual turnover of SEK 500 million – both exporting companies and sub-contractors to exporting companies, also when they are part of a larger group.
The need for capital can be for expenses that arise before an export order is signed or after the agreement. It must be separate from the borrower’s need for more long-term risk capital or equity, for example to establish itself as an exporter. If the application refers to an overdraft or loan that is not to finance a specific export transaction, a significant part of the borrower’s turnover must represent exports of Swedish goods or services.
If the borrower is a sub-contractor, a significant part of the exporting company's turnover must represent exports of Swedish goods or services.