Grundfos has entered into an settlement with EKF, Denmark’s Export Credit Agency, that can allow the Danish pump firm to finance initiatives globally for customers with restricted obtainable funds.
Under the settlement, private industrial and public clients can obtain financing on initiatives above E0.5 million for up to 5 years instantly through Grundfos. EKF will provide Grundfos with a credit score assure overlaying 50% of the credit score exposure significantly decreasing the danger in financing this type of challenge.
Grundfos says that the agreement is the primary of its type in the pump options trade.
“We are thrilled to associate with EKF, which is allowing us to supply this new financing opportunity to our clients in want of financial support to realise their ambitions inside water,” mentioned Grundfos chief monetary officer Mikael Geday. “The agreement accelerates the method of equipping clients and end-users with options that cut back CO2 emissions and provides entry to scrub water to susceptible areas.”
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