Grundfos has entered into an settlement with EKF, Denmark’s Export Credit Agency, that will enable the Danish pump firm to finance projects globally for customers with limited available funds.
Under the agreement, personal business and public prospects can obtain financing on projects above E0.5 million for as a lot as five years instantly through Grundfos. EKF will present Grundfos with a credit score assure overlaying 50% of the credit exposure significantly decreasing the risk in financing this sort of venture.
Grundfos says that the agreement is the primary of its type in the pump options industry.
“We are thrilled to partner with EKF, which is allowing us to supply this new financing alternative to our customers in want of economic help to realise their ambitions within water,” said Grundfos chief financial officer Mikael Geday. “The settlement accelerates the process of equipping customers and end-users with options that scale back CO2 emissions and provides entry to scrub water to weak areas.”
Dark promotes Danish exports and internationalisation by providing competitive funding and threat protection.
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