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 company to finance initiatives globally for patrons with restricted available funds.
Under the agreement, non-public business and public clients can receive financing on initiatives above E0.5 million for as a lot as 5 years directly through Grundfos. EKF will present Grundfos with a credit guarantee overlaying 50% of the credit publicity significantly reducing the danger in financing this type of venture.
pressure gauge octa says that the settlement is the first of its kind within the pump options trade.
“We are thrilled to companion with EKF, which is allowing us to offer this new financing alternative to our customers in need of financial help to understand their ambitions inside water,” said Grundfos chief monetary officer Mikael Geday. “The settlement accelerates the process of equipping customers and end-users with solutions that reduce CO2 emissions and supplies entry to wash 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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