Export Receivables Guarantee

Intended for short-term exports to countries with political risk, Finnvera’s Export Receivables Guarantee is a lighter version of the traditional Credit Risk Guarantee.

By means of an Export Receivables Guarantee, exporters can insure their receivables from a foreign buyer against credit losses. The guarantee covers commercial risks arising from the buyer and political risks arising from the buyer’s country.

The guarantee covers the commercial risk connected with the buyer and the political risk of the buyer's country. Cover percentage is normally 75-90 %.

The exporter can also use the Export Receivables Guarantee as security for a credit by transferring the right to indemnity to the bank.

As an official export credit agency Finnvera can’t grant guarantees with a risk period of less than 2 years (manufacturing period + repayment period) to the following markets:

• EU countries (Austria, Bulgaria, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Ireland, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom)
• Australia, Canada, Iceland, Japan, New Zealand, Norway, Switzerland, USA

Attachments
Online Application (open a new web browser)

Application, short term (PDF)

General Conditions (PDF)
Brochure (PDF)