The Ship Guarantee is intended as security for credits granted to Finnish companies engaged in shipping or shipbuilding.
Companies engaged in shipping can apply for a Ship Guarantee for purchasing a vessel or a hull that is least 10 meters long and at most 10 years old and that will be used for merchant shipping. The guarantee may also be used to finance the conversion, repair and refurbishment.
Companies engaged in shipbuilding can apply for the guarantee as security for a loan taken for financing the construction of the vessel ordered by a Finnish shipping company. Finnish shipyards can also apply for export credit guarantees for the financial and security arrangements pertaining to the export project.
Terms and conditions of the Ship Guarantee
Applying for the Ship 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.
A shipping company registered in Åland shall enclose a statement from the Government of Åland with the guarantee application.