Guarantees

The Norwegian Export Credit Guarantee Agency (GIEK) offers the following guarantees:

A buyer credit guarantee may be appropriate if you wish to offer, or your purchaser requests, financing in connection with an export contract.

Choose a supplier credit guarantee if your firm wants to secure payment in connection with a credit sale to a foreign purchaser.

A contract guarantee may be appropriate if your firm wants security against losses during the production period due to a foreign purchaser failing to perform the contract.

Choose an investment guarantee if your firm plans to invest in countries that present political risk.

Choose a tender guarantee if your firm intends to participate in an aid-funded competitive tender.

Choose a bond guarantee if a foreign purchaser demands a guarantee that the exporter will fulfil its tender, a guarantee for the purchaser’s pre-payment, or a guarantee that the exporter will make the delivery.

Choose a letter of credit if your firm requires guarantees for confirmed letters of credit issued in connection with exports.

A building loan guarantee may be appropriate if your firm needs to secure financing for new-build ships during their construction.

An energy guarantee may be appropriate if your firm has to guarantee payment in connection with sizable electricity purchase or sale contracts.

Get in touch with us

Øyvind Ajer

Director Energy and Industry

+47 95122598

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