​The SME guarantee is aimed at small and medium-sized enterprises. The guarantee puts the enterprises in a better position to offer a buyer abroad long-term credit on a specific export order.

The credit period must be at least 181 days.

The SME guarantee gives the bank security if the payments from abroad are not made as agreed. EKF guarantees up to 100 per cent of the loss and the exporter's deductible is typically 10 per cent.

EKF calculates a premium for the SME guarantee based on the scale and duration of the risk and an assessment of the buyer's and the country's circumstances. EKF is able to grant SME guarantees to cover a maximum contract amount of DKK 25 million.

The SME guarantee is aimed at small and medium-sized enterprises which comply with the EU definition of an SME: companies with fewer than 250 employees and less than EUR 50 million in turnover or less than EUR 43 million in balance sheet total.