Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that may enable the Danish pump firm to finance projects globally for patrons with restricted obtainable funds.
Under the settlement, private commercial and public prospects can receive financing on projects above E0.5 million for as much as 5 years directly via Grundfos. EKF will provide Grundfos with a credit score assure covering 50% of the credit score exposure considerably lowering the danger in financing this kind of project.
Soaring says that the settlement is the primary of its kind in the pump options industry.
“We are thrilled to associate with EKF, which is allowing us to supply this new financing alternative to our clients in want of financial assist to grasp their ambitions inside water,” said Grundfos chief monetary officer Mikael Geday. “The settlement accelerates the method of equipping clients and end-users with options that reduce CO2 emissions and offers entry to wash water to susceptible areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing aggressive funding and danger coverage.
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