News
05.07.2011
Working Capital Insurance Now Available for Sub-Contractors
SERV now also insures working capital loans to sub-contractors, provided their headquarters are based in Switzerland and the corresponding export transaction is covered by SERV. With a working capital loan, a bank enables a sub-contractor to finance the production costs for deliveries or services in connection with a SERV-covered export transaction. The cover ratio is 80% of the insured working capital loan.
Our consultants will be happy to answer any queries regarding this offer. You will find further information and the relevant GTC on our website.