Read our quick guide to EKF and the economic impact of export credits.
The best security a company can get.
EKF was established in 1922 as only the third export credit agency in the world. Over the years, we have acquired unique expertise in the challenges faced by Danish companies in trading and investing around the globe.
EKF is owned and guaranteed by the Danish state but operated as a modern financial enterprise. With a guarantee from EKF, you have the backing of the Danish state, and that makes a difference in the world beyond the borders of Denmark.
A solution to move you forward
An export credit guarantee is an insurance against the risks of doing business and investing in other countries.
Backed by an export credit guarantee from EKF, you and your bank are assured of getting your money , even if the buyer is unable or unwilling to pay, for example, if political conditions in a country prevent completion of the business transaction. Should anything go wrong, EKF will compensate you.
With EKF to take on the risk, you and the customer have far better prospects of securing financing for your mutual transactions. Access to export credits is important to Danish export as financing is becoming an increasingly critical factor in international trade.
A guarantee from EKF can help your company win or retain orders. This allows you to boost sales and grow your company.
In other words, an export credit guarantee can help you finance your activities, increase sales and transform uncertain markets into certain exports.
Economic impact on the Danish society: Prosperity for Danish export creates development and jobs in Denmark
If it were not for export credits, many business transactions would never be realised. When EKF takes on the risk, companies can trade with each other despite the risks involved.
Read more about the economic impact of export credits in EKF’s latest annual report.
Each year EKF helps to secure thousands of jobs in Denmark and orders to Danish companies worth billions.
We help you every step of the way
EKF can assist you from the initial contact with a customer abroad until the conclusion of the transaction and receipt of payment.
We require the transaction to be basically sound. To that end, we help you assess whether your customer is creditworthy.
Your export transactions must also create value for Denmark, for instance by way of jobs and revenue. EKF assess whether this is in fact the case.
Finally, EKF ensures that the transaction is conducted in a socially and environmentally responsible manner.
If the overall risk is acceptable, EKF will cover the risk. If everything goes according to plan, you will complete the transaction as agreed. Should anything go wrong, EKF will compensate you.