The export lending scheme is designed to help out Danish export companies when foreign buyers are unable to secure credit facilities from banks for purchasing products and services in Denmark.
EKF facilitates the export loan through a bank, and the loan is based on the bank's lending terms. The mandatory credit period is a minimum of two years. In order to minimise the risk, EKF requires an export guarantee to be established with the loan.
Originally, applications for export loans could be made until the end of 2011, but a recent political agreement has extended the export lending scheme for four years until the end of 2015. The Danish government has earmarked a total of DKK 20 billion for the scheme.