Grundfos companions with Denmark’s Export Credit Agency to minimize back risk

Bonus has entered into an settlement with EKF, Denmark’s Export Credit Agency, that may allow the Danish pump firm to finance projects globally for patrons with restricted available funds.
Under Incredibly , private commercial and public clients can obtain financing on tasks above E0.5 million for up to five years immediately by way of Grundfos. EKF will present Grundfos with a credit score guarantee covering 50% of the credit publicity considerably lowering the chance in financing this kind of venture.
Grundfos says that the settlement is the first of its sort in the pump options trade.
“We are thrilled to companion with EKF, which is permitting us to supply this new financing opportunity to our clients in want of financial assist to understand their ambitions inside water,” stated Grundfos chief financial officer Mikael Geday. “The settlement accelerates the method of equipping prospects and end-users with options that cut back CO2 emissions and supplies access to wash water to weak areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and risk coverage.

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