Get an indication of the cost of having EIFO cover the financing of your export transactions.
The amount of credit to be guaranteed. Note that EIFO guarantees a maximum of 85 percent of the value of the export contract, as the buyer's bank must make a down payment of at least 15 per cent of the contract value. However, EIFO can also cover local costs, which are deemed necessary for the fulfilment of the contract, in the buyer country up to the equivalent of 30 per cent of the value of the export contract.
The drawdown period is the timeframe in which the borrower can draw on the loan, i.e. have the loan disbursed in one or more portions. The drawdown period is defined in precise terms as the time elapsing from the first disbursement of the loan and the start of the credit period.
The credit period is the time during which the loan is repaid. Any instalment-free period must also be included in the credit period. The credit period must be at least 6 months, as the calculator is intended for export transactions with a credit period of at least ½ year.
