By means of an Export Guarantee, an exporter can acquire pre-delivery or post-delivery financing for working capital from a bank. An Export Guarantee can also serve as countersecurity for a bank when a bond is given in favour of a foreign buyer (a bid bond, an advance payment bond, a performance bond or a warranty period bond).
Terms and conditions of the Export Guarantee
Finnvera’s guarantee covers a maximum of 80% of a loan or other financial commitment.
Export Guarantees can be issued for the following purposes:
- provision of financing for pre-delivery working capital needs in export projects, such as financing for manufacturing costs and raw material purchases
- provision of financing for post-delivery working capital needs (financing to cover the buyer’s payment period
- bonds pertaining to delivery contracts (bid bonds, advance payment bonds, bonds for manufacture, delivery and warranty periods)
Applying for the Export Guarantee
Finnvera's online service provides a secure and easy way for submitting financing applications. Log in to the service using your personal banking ID, certificate card or Mobile ID.
Should you wish, you can draw up a business plan and a profit plan in the Enterprise Finland service.
T-forms from Yritystutkimus ry's website (if needed).