What we do

EKF guarantees innovative companies at reduced price

In cooperation with The European Investment Fund (EIF) EKF can now offer guarantees covering credits or loans for innovative Danish export companies at a lower premium than usual.
The cooperation between EKF and EIF is part of the InnovFin programme, the aim of which is to secure progress and growth in Europe.

The InnovFin programme allows EKF to offer guarantees covering credits and loans for innovative companies at a lower premium as EIF covers half of the risk at a fixed low price regardless of the company´s rating.

14 eligibility criteria
Companies become eligible for a guarantee under the InnovFin programme by fulfilling minimum one out of EIF's 14 eligibility criteria.

The criteria will appear from a declaration to be completed by the exporter. The banks will enclose the
“Declaration from the exporter” when they submit an application to EKF for a guarantee covering a credit or a loan.
 
The programme does not cover companies with more than 500 employees. The rest of EKF's criteria for issuance of guarantees remain the same (Please click the links below for more information regarding EKF's Working Capital Guarantee and Capital Expenditure Guarantee).
Price example
An innovative SME with a B-rating, which is EKF's lowest permissible level, can obtain a guarantee at the price of 3.7% in premium. In comparison, the premium for a non-innovative SME with a B-rating will be 6.3%.
The better the company rating, the smaller the discount, however, companies with B-, B+, BB and BBB-ratings can gain savings.
 
How to apply

1) Contact your bank Companies should contact their banks as usual when they need a credit or a loan in order to develop their business.

2) Complete the “Declaration from the exporter” The companies complete the declaration, stating the eligibility criterion which applies to their case (please note that the declaration text is in Danish). 

3) The bank submits the application to EKF
The bank applies for a guarantee with InnovFin discount enclosing a copy of the “Declaration from the exporter”.
Backed by a Working Capital Guarantee, you can secure credit from your bank to pay for materials, wages and suppliers.

Working Capital Guarantee

Backed by a Working Capital Guarantee, you can secure credit from your bank to pay for materials, wages and suppliers.
Read more
A Capital Expenditure Guarantee helps you secure a capital expenditure loan from your bank to invest in new production facilities.

Capital Expenditure Guarantee

A Capital Expenditure Guarantee helps you secure a capital expenditure loan from your bank to invest in new production facilities.
Read more
Our advisors are ready to help you move forward. Find the right advisor – and call or email us.

Contact one of our advisors

Our advisors are ready to help you move forward. Find the right advisor – and call or email us.
Find an advisor
Index for robots