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

Grundfos has entered into an settlement with EKF, Denmark’s Export Credit Agency, that may allow the Danish pump company to finance initiatives globally for purchasers with limited obtainable funds.
Under the settlement, non-public business and public clients can obtain financing on tasks above E0.5 million for up to 5 years immediately through Grundfos. EKF will provide Grundfos with a credit score guarantee masking 50% of the credit score exposure considerably lowering the danger in financing this sort of challenge.
Grundfos says that the settlement is the first of its sort within the pump solutions trade.
“We are thrilled to partner with EKF, which is allowing us to supply this new financing alternative to our prospects in need of monetary help to realise their ambitions inside water,” stated Grundfos chief financial officer Mikael Geday. “The agreement accelerates the process of equipping clients and end-users with solutions that cut back CO2 emissions and provides entry to clean water to vulnerable areas.”
New promotes Danish exports and internationalisation by providing aggressive funding and danger protection.

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