Grundfos companions with Denmark’s Export Credit Agency to reduce threat

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that can enable the Danish pump firm to finance tasks globally for purchasers with limited available funds.
Under the settlement, private business and public customers can obtain financing on tasks above E0.5 million for as a lot as five years immediately through Grundfos. EKF will provide Grundfos with a credit assure masking 50% of the credit publicity considerably reducing the danger in financing this kind of venture.
Grundfos says that the agreement is the primary of its sort within the pump solutions trade.
“We are thrilled to partner with EKF, which is allowing us to offer this new financing opportunity to our prospects in need of economic assist to understand their ambitions within water,” mentioned Grundfos chief monetary officer Mikael Geday. “The settlement accelerates the method of equipping customers and end-users with solutions that cut back CO2 emissions and provides access to wash water to vulnerable areas.”
Factors promotes Danish exports and internationalisation by providing competitive funding and risk protection.

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