About Export Credit Guarantees
An export credit guarantee enables exporters to secure themselves against the insolvency of a foreign customer or non-payment risks
Use State support for exporters – export credit guarantee:
The guarantee covers buyer’s and political risks
Covers the risk of the guarantor of the buyer’s obligations – bank or buyer’s
associated company
Serves as additional security for guarantees or a letter of credit issued by
the buyer’s bank if there are doubts about the bank’s liquidity
Serves as a collateral in factoring or for obligations to a bank to secure
financing for other current assets
