Authorizations, exposure, and country export data

• Supplier credit guarantee: Ensures that the exporter is paid within the agreed time due to commercial or political risk
• Cover: Up to 90% for commercial risk
• Eksfin’s guarantee covers a up to 50% of the loss the bank would incur if the buyer’s bank were to fail to pay the letter of credit amount/guaranteed amount on the due date
• Letter of credit guarantee: Eksfin mitigates the risk that the exporter’s bank bears in relation to the buyer’s bank in an export case
• Pre-shipment Guarantee (Exporter’s risk): Protects the exporter from suffering losses during the production period as a result of contract non-fulfilment by a foreign buyer
• Eksfin covers final losses, not profits
• Cover: Up to 90% for commercial risk
• Production loan guarantee: Provided to banks financing production costs in connection with a specific export contract
• The guarantee covers direct and indirect costs the exporter has incurred up until the breach of contract
• Eksfin shares up to 50% of the risk with the bank providing production loan to the exporter
• Payment under the export contract should be secured e.g. through LC

• Available to international buyers of Norwegian capital goods and services and Norwegian buyers of ships built at Norwegian shipyards or overseas using Norwegian equipment
• Tenor: At least 2 years
• Loans are issued in collaboration with a commercial bank or similar financial institution

• Counter guarantee:
• Counter guarantees for tender, advance payment, performance, and warranty guarantees
• Covers up to 50% of the risk a bank takes on its customer
• Cover: Up to 75% for risks up to NOK 10 million
• Tender guarantee:
• Suitable for Norwegian suppliers that want to bid on contracts for aid-financed projects in developing countries
• Up to 50 per cent of its tender expenses may be reimbursed, to a maximum of NOK 250,000
• Requirements are listed on the website

• Issued to an investor that wants to invest in a subsidiary abroad, or to a lender that provides a loan for the same investment
• Cover: Political risk, 90%
• Tenor: Up to 20 years

• Enables Norwegian companies to invest in activities in Norway for export-related investments and climate-friendly projects with export potential
• Sub-suppliers that are part of the value chain for such investments may also qualify for this type of financing solution
• Export potential means a minimum annual export share of 30% of the total turnover or turnover resulting from investments within 5–10 years
• Climate-friendly means that the investment must comply with the principles of the EU Taxonomy with emphasis on Environmental Goal 1. Projects that fall outside the EU Taxonomy must qualify as ‘green’ based on Eksfin’s policy for categorizing green transactions
• Eksfin shares the risk with commercial banks and unremittently mirrors the terms and conditions of the bank

• Eksfin offers risk coverage for buyers and sellers of Norwegian gas in connection with transactions initiated through AggregateEU
• Power purchase guarantee: Allows industrial companies with high electricity demands may need to enter into long-term power contracts in order to get a more predictable price
• The power guarantee must be provided no later than when the power agreement is concluded
• Reserved for Norwegian companies with activities in wood processing, metal production, and production of chemical products
• Eksfin can provide guarantees to the power sellers or the banks

• Interest rates:
• Fixed rates set at CIRR levels
• Floating interest rates are offered on commercial terms. A fixed margin is agreed and charged on top of a floating reference rate (e.g. SOFR, EURIBOR or NIBOR)

• Minimum bank participation is generally 10%. Bank participation is not required in case of sovereign risk

• Norway never ties development aid to export credits and does not provide concessional loans