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Buyer's
credit facility is a middle to long-term (2-5 years tenor)
financing alternative targeting those firms which are planning
to import investment goods. This loan is supplied by the foreign
banks under the insurance of the Export Credit Agencies (ECAs).
Besides acting as the local Guarantor bank in ECA covered
transactions, GarantiBank offers intermediary and advisory
services to arrange ECA covered buyer's and supplier's credit
facilities for local importers.
The aim of the ECAs is to encourage the exports of the
countries where they are located. By supplying the importers
of foreign countries with financing, they help to increase
the export volumes of the local firms. If your firm is planning
to import investment goods, you can consider using a buyer's
credit and benefit from the long tenor and low cost advantages
of this credit facility.
Below you can find a list of the countries and the related
Export Credit Agencies where Buyer's Credit facilities can
be obtained.
| Germany |
HERMES |
| Switzerland |
ERG |
| Austria |
ÖKB |
| Belgium |
OND |
| Spain |
CESCE |
| US |
US EXIM |
| Italy |
SACE |
| France |
COFACE |
| Japan |
JBIC, MITI |
| Finland |
FINNVERA |
| Denmark |
EKF |
| Holland |
NCM |
| Republic of Korea |
K-EXIM |
| Australia |
EFIC |
| United Kingdom |
ECGD |
| Sweden |
EKN |
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