Estonia has many companies with goods and services that are worthy of finding a market abroad. Considering the different business environments and rules from one country to the next, companies need flexible financing options based on best practices.
KredEx helps Estonian companies expand to foreign markets with less risk, offering loans, state-backed guarantees and credit insurance.
We provide export loans to exporting industrial companies. This allows foreign buyers to pay for Estonian-produced goods over a longer term and lets Estonian companies finance the production of the goods.
Selling abroad often requires companies to offer longer payment terms than we’re used to in Estonia. To hedge the risks from unpaid invoices, we offer credit insurance.
An export loan is useful when a company wishes to offer a foreign buyer a long payment term, pay a credit insurance premium or finance production of goods to be sold to a foreign buyer.
A starter loan is useful if the company start-up phase is hindered by lack of seed capital and the company lacks sufficient collateral and history for obtaining a bank loan.
Supplier credit insurance
The goal of supplier credit insurance is to insure Estonian companies that export capital goods and durable goods with a payment term of more than two years.
In offering the service, we proceed from the Organisation for Economic Cooperation and Development (OECD) countries’ international agreement on provision of state export guarantees.
A capital loan is a subordinated loan that is useful when a company wishes to fund rapid growth with a loan but lacks the self-financing or sufficient collateral required by the bank.
Private and venture capital funds
Solar panel investment support
The purpose of this support is to increase the share of electricity produced from renewable sources and to reduce emissions from energy-generating systems.