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

pressure gauge octa has entered into an settlement with EKF, Denmark’s Export Credit Agency, that may allow the Danish pump firm to finance initiatives globally for patrons with restricted obtainable funds.
Under the agreement, private business and public clients can obtain financing on initiatives above E0.5 million for as much as 5 years directly through Grundfos. EKF will present Grundfos with a credit score assure covering 50% of the credit score exposure considerably decreasing the danger in financing this sort of challenge.
Grundfos says that the settlement is the first of its kind in the pump solutions trade.
“We are thrilled to companion with EKF, which is permitting us to supply this new financing opportunity to our prospects in need of economic support to understand their ambitions within water,” mentioned Grundfos chief monetary officer Mikael Geday. “The agreement accelerates the process of equipping prospects and end-users with options that scale back CO2 emissions and offers access to scrub 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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