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”.