Grundfos companions with Denmark’s Export Credit Agency to scale back threat

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 patrons with restricted out there funds.
Under Incredibly , private business and public customers can obtain financing on projects above E0.5 million for as much as 5 years directly via Grundfos. EKF will provide Grundfos with a credit score guarantee covering 50% of the credit exposure significantly reducing the chance in financing this sort of venture.
Grundfos says that the agreement is the primary of its type within the pump options business.
“We are thrilled to associate with EKF, which is allowing us to offer this new financing opportunity to our prospects in need of financial assist to understand their ambitions within water,” stated Grundfos chief financial officer Mikael Geday. “The agreement accelerates the method of equipping clients and end-users with options that reduce CO2 emissions and provides access to wash water to vulnerable areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing competitive funding and danger protection.

Leave a Comment