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Tatra banka

8.12.2016 17:08

Medium- and long-term export financing

Obtain export financing for investment complexes, machinery and technologies by way of supplier and customer loans guaranteed by Eximbanka SR.

  • payment receipt immediately after the goods delivery
  • no risk of receivable non-payment
  • the importer is the debtor
Advantages

Advantages

  • payment receipt immediately after the goods delivery 
  • no risk of receivable non-payment - the loan is provided by the exporter's bank to the importer's bank or directly to the importer 
  • the loan is not reflected on your balance sheet, since the importer or the importer's bank is the debtor of the loan 
  • lower costs compared to loans granted in some of the customers' countries 
Details

Details

This financing method is suitable mainly for the export of investment complexes, machinery or technology in large volumes with long maturity periods. Especially to countries where the customer's bank is unable to obtain capital for the customer's financing or has problems doing so, or where the exporter wants to obtain financing for their customer.

  • medium- and long-term financing ("buyer's credit") represents financing by way of loans for suppliers and customers insured by Eximbanka SR which provides loan insurance against commercial and political risks.
  • insurance can be made for a customer loan granted by the exporter's bank directly to the foreign customer or directly to their bank. The most frequent financing form is the "buyer's credit".
  • an export customer loan can be granted as a part of comprehensive financing of the respective contract, including the re-financing of exported goods production and provision of guarantees
  • this is the case of long preparation of contracts between the importer and the exporter, and this financing needs to be consulted with the bank sufficiently in advance (approximately 3 - 6 months).
Conditions

Conditions

  • 15% of the contract value must be paid by the buyer to the exporter as a pre-payment (prior to loan provision)
  • the loan period or loan repayment period must exceed 1 year
  • the portion of the contract financed by a loan can represent the maximum of 85% of the total value
  • of the total exported value the portion of supplies of Slovak origin must represent at last 50%