Grundfos partners with Denmark’s Export Credit Agency to reduce risk

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that will enable the Danish pump firm to finance tasks globally for purchasers with restricted available funds.
Under the settlement, private industrial and public prospects can obtain financing on projects above E0.5 million for as much as five years immediately via Grundfos. EKF will provide Grundfos with a credit score assure covering 50% of the credit score publicity significantly reducing the risk in financing this type of challenge.
Grundfos says that the agreement is the first of its type within the pump solutions trade.
“We are thrilled to companion with EKF, which is permitting us to supply this new financing opportunity to our customers in want of monetary help to realise their ambitions inside water,” said Grundfos chief monetary officer Mikael Geday. “The agreement accelerates the process of equipping prospects and end-users with solutions that reduce CO2 emissions and provides access to wash water to vulnerable areas.”
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