Export Receivables Guarantee

Intended for short-term exports to countries with political risk.

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 except for Greece* (Austria, Bulgaria, Belgium, Croatia, 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

*The EU Commission has granted a temporary exemption to provide short-term export credit guarantees for exports to Greece until 31 December 2019.

In the case of these so-called “marketable risk countries”, the EU rules on transactions with a risk period of under two years only apply to conventional credit insurance for covering buyer risks, not guarantees for bank risks. If the payment method is a letter of credit and the guarantee used is a Letter of Credit Guarantee or some other guarantee where the risk applies to a bank, Finnvera may, under the risk-sharing principle, consider granting a guarantee for said countries.


Finnvera's online service provides a secure and easy way for submitting financing applications. Log in to the service using a Katso ID.

You may also submit the application in paper form. Complete the financing application form below and send it to Finnvera via email using the address mentioned in the form.

Online Service

029 460 11 (weekdays 9:00 a.m. and 4:15 p.m.)

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029 460 2790 (weekdays 9:00 a.m. and 4:15 p.m.)

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