Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that will allow the Danish pump company to finance projects globally for purchasers with restricted out there funds.
Under the agreement, non-public commercial and public prospects can receive financing on initiatives above E0.5 million for up to 5 years directly through Grundfos. EKF will provide Grundfos with a credit assure masking 50% of the credit publicity significantly lowering the risk in financing this sort of challenge.
Grundfos says that the agreement is the first of its sort within the pump solutions trade.
“ digital pressure gauge are thrilled to associate with EKF, which is permitting us to offer this new financing alternative to our customers in need of economic help to realise their ambitions inside water,” said Grundfos chief financial officer Mikael Geday. “The settlement accelerates the process of equipping clients and end-users with options that reduce CO2 emissions and offers access to wash water to weak areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and threat coverage.
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