เกจ์แรงดัน 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 limited available funds.
Under the settlement, non-public business and public clients can receive financing on initiatives above E0.5 million for as much as 5 years immediately through Grundfos. EKF will provide Grundfos with a credit assure overlaying 50% of the credit exposure considerably decreasing the danger in financing this sort of venture.
Grundfos says that the agreement is the first of its kind within the pump solutions trade.
“We are thrilled to associate with EKF, which is permitting us to supply this new financing opportunity to our prospects in need of financial support to realise their ambitions within water,” mentioned Grundfos chief monetary officer Mikael Geday. “The settlement accelerates the process of equipping clients and end-users with options that reduce CO2 emissions and provides access to clean water to susceptible areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing competitive funding and danger coverage.