Grundfos companions with Denmark’s Export Credit Agency to reduce danger

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that will enable the Danish pump company to finance tasks globally for patrons with limited obtainable funds.
Under the agreement, private business and public clients can obtain financing on tasks above E0.5 million for as a lot as 5 years directly by way of Grundfos. pressure gauge octa will present Grundfos with a credit score assure masking 50% of the credit publicity considerably lowering the chance in financing this sort of project.
Grundfos says that the settlement is the first of its sort in the pump options industry.
“We are thrilled to partner with EKF, which is permitting us to offer this new financing alternative to our prospects in want of financial support to grasp their ambitions inside water,” said Grundfos chief financial officer Mikael Geday. “The settlement accelerates the method of equipping prospects and end-users with solutions that reduce CO2 emissions and supplies entry to clean water to weak areas.”

EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by offering competitive funding and threat protection.
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