An export credit is a loan made directly to a foreign buyer of Swedish capital goods or services where such export qualifies for a minimum loan tenor of two years. The loan is paid to the exporter upon delivery of the goods or service or on other occasion as defined in the commercial contract. Most transactions are arranged by commercial banks (or exporters) and assigned to SEK prior to the disbursement of the credit. SEK has signed Master Assignment Agreements with approximately 40 commercial banks outlining the scope and terms for mutual cooperation. These loans are made either at a market interest rate or at a state-supported interest rate (CIRR).
Read more about SEK's interest rate option
SEK funded export credits are normally guaranteed by the Swedish Export Credits Guarantee Board (EKN) and larger banks in OECD countries.
Find out more about EKN and other guarantee institutions at www.ekn.se
Swedish Export Credit Corporation (publ) Klarabergsviadukten 61 - 63 P.O. Box 194 SE-101 23 Stockholm, Phone:+46 8 613 83 00 Email: email@example.com Org. No. 556084-0315