Finance

Aquafence are delighted to advise that financial assistance is available to prospective customers through Export Credit Finance with Export Credit Norway. Export Credit Norway in brief / Offers competitive export financing to companies buying Norwegian capital goods and services / A state-owned limited liability company fully owned by the Ministry of Trade and Industry and funded by the Norwegian government / Manages the whole lending process, including sales and promotion, loan application processing, documentation, disbursement and loan administration / All prospective borrowers that meet the requirements will receive a loan offer / Exporter or prospective borrower must apply for export financing before contract award / The Norwegian exporter must be the responsible contracting party / Export Credit Norway offers financing for up to 85 % of the contract value / Norwegian content must account for at least 30 % of the contract amount. Deliveries from companies based in Norway or companies abroad under Norwegian majority control generally qualify as Norwegian content / Deliveries from subcontractors in the project country (“local content”) cannot exceed 30 % of the sum of Norwegian and third country content / The repayment period is generally up to 8.5 years /