Who is eligible for funding?
Companies within all sectors and of all sizes are eligible.
EKF must rate the foreign project as creditworthy before issuing a loan.
What is the limit on funding?
There is no ceiling on the loan. However, some banks may decline to grant a loan if the principal is very small, as the administrative burden of dealing with the loan may be disproportionately large.
What is the term?
An Export Loan is subject to a credit period of 2-15 years. However, the loan may be extended for a period of up to 18 years in the case of renewable energy and water supply projects.
EKF facilitates the Export Loan through a bank, and the loan is based on the bank’s lending terms.
In order to minimise the risk, EKF requires an export credit guarantee to be established with the loan.