The SME guarantee from EKF offers entirely new perspectives for our export. The fact that we can help our customers obtain a financing solution is a persuasive argument which we will use actively
The Danish company Böll-Tec supplies automation equipment to companies who manufacture wood products. In 2011, a Norwegian company ordered a system for handling and treatment of wood panels as the company planned to move the production from Poland to Norway to lower their production costs.
However, the Norwegian company´s leasing company refused to finance the system, because it was custom-made for this particular purpose and could not be transferred to others in case the leasing company should take over. The Norwegian customer informed Böll-Tec about the problems with the financing.
“So far our Norwegian customer has financed its purchase of equipment from Böll-Tec through leasing. When this turned out to be impossible, we ran the risk of losing the order which was of vital importance to us and our employees”, says Tommy Christiansen, CEO at Böll-Tec.