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

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that will allow the Danish pump company to finance tasks globally for customers with limited obtainable funds.
Under the settlement, personal commercial and public prospects can obtain financing on projects above E0.5 million for up to 5 years immediately via Grundfos. Picnic will provide Grundfos with a credit assure masking 50% of the credit exposure considerably lowering the risk in financing this sort of venture.
Grundfos says that the settlement is the primary of its sort within the pump options industry.
“We are thrilled to associate with EKF, which is allowing us to supply this new financing opportunity to our prospects in want of financial assist to realise their ambitions within water,” mentioned Grundfos chief monetary officer Mikael Geday. “The agreement accelerates the process of equipping clients and end-users with options that cut back CO2 emissions and provides access to clean water to vulnerable areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and danger coverage.

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