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

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that can enable the Danish pump company to finance tasks globally for purchasers with restricted available funds.
Under the agreement, non-public industrial and public clients can receive financing on initiatives above E0.5 million for up to 5 years immediately by way of Grundfos. EKF will provide Grundfos with a credit guarantee covering 50% of the credit exposure considerably reducing the chance in financing this type of challenge.
Grundfos says that the settlement is the first of its kind in the pump solutions industry.
“We are thrilled to companion with EKF, which is allowing us to supply this new financing alternative to our clients in want of financial assist to realise their ambitions inside water,” said Grundfos chief monetary officer Mikael Geday. “ No risk of equipping customers and end-users with options that reduce CO2 emissions and offers access to wash water to vulnerable areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering aggressive funding and risk protection.

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