Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that can enable the Danish pump firm to finance tasks globally for patrons with limited available funds.
Under the settlement, non-public industrial and public customers can obtain financing on tasks above E0.5 million for up to 5 years instantly via Grundfos. EKF will provide Grundfos with a credit score assure masking 50% of the credit exposure significantly reducing the risk in financing this kind of challenge.
Grundfos says that the settlement is the first of its sort in the pump solutions industry.
“ Key are thrilled to companion with EKF, which is permitting us to offer this new financing opportunity to our clients in want of financial help to understand their ambitions inside water,” said Grundfos chief financial officer Mikael Geday. “The agreement accelerates the process of equipping customers and end-users with solutions that reduce CO2 emissions and supplies entry to wash water to vulnerable areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing competitive funding and danger protection.
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