Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that may enable the Danish pump firm to finance tasks globally for purchasers with restricted available funds.
Under the settlement, private industrial and public customers can receive financing on tasks above E0.5 million for as a lot as five years directly through Grundfos. EKF will provide Grundfos with a credit score guarantee masking 50% of the credit score publicity considerably reducing the chance in financing this sort of project.
Grundfos says that the agreement is the primary of its kind within the pump solutions business.
“We are thrilled to companion with EKF, which is permitting us to offer this new financing alternative to our customers in want of economic help to grasp their ambitions within water,” mentioned Grundfos chief financial officer Mikael Geday. “ เพรสเชอร์เกจไฮดรอลิค of equipping customers and end-users with options that cut back CO2 emissions and offers access to scrub water to susceptible areas.”
EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and threat protection.