Grundfos partners with Denmark’s Export Credit Agency to reduce danger

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that will enable the Danish pump firm to finance initiatives globally for purchasers with restricted out there funds.
Under ไดอะแฟรม , non-public business and public customers can receive financing on projects above E0.5 million for as a lot as five years directly through Grundfos. EKF will present Grundfos with a credit score guarantee overlaying 50% of the credit score exposure significantly lowering the chance in financing this type of venture.
Grundfos says that the settlement is the primary of its sort in the pump options industry.
“We are thrilled to partner with EKF, which is permitting us to supply this new financing alternative to our prospects in want of economic help to grasp their ambitions within water,” mentioned Grundfos chief monetary officer Mikael Geday. “The agreement accelerates the process of equipping clients and end-users with solutions that cut back CO2 emissions and supplies entry to clean water to vulnerable areas.”

EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing competitive funding and risk coverage.

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