Grundfos companions with Denmark’s Export Credit Agency to reduce back danger

Grundfos has entered into an settlement with EKF, Denmark’s Export Credit Agency, that will enable the Danish pump firm to finance tasks globally for patrons with restricted available funds.
Under the agreement, personal business and public clients can obtain financing on projects above E0.5 million for as a lot as 5 years directly via Grundfos. EKF will present Grundfos with a credit assure masking 50% of the credit score exposure considerably decreasing the risk in financing this type of venture.
Grundfos says that the settlement is the primary of its sort within the pump options business.
“We are thrilled to partner with EKF, which is permitting us to supply this new financing alternative to our clients in want of economic help to understand their ambitions within water,” stated Grundfos chief monetary officer Mikael Geday. “ Dark of equipping customers and end-users with solutions that cut back CO2 emissions and supplies access to clean water to vulnerable areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and risk coverage.

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