Grundfos partners with Denmark’s Export Credit Agency to reduce back risk

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that can allow the Danish pump company to finance initiatives globally for purchasers with restricted available funds.
Under the settlement, personal commercial and public customers can receive financing on tasks above E0.5 million for as much as 5 years directly through Grundfos. EKF will present Grundfos with a credit score guarantee covering 50% of the credit score exposure significantly reducing the risk in financing this type of venture.
Top secret says that the settlement is the first of its sort in the pump solutions business.
“We are thrilled to partner with EKF, which is permitting us to offer this new financing alternative to our prospects in need of monetary assist to realise their ambitions within water,” said Grundfos chief financial officer Mikael Geday. “The agreement accelerates the method of equipping customers and end-users with solutions that cut back CO2 emissions and provides entry to wash water to weak areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and threat protection.

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