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Refinancing guarantee

The situation on the financial markets is, on the one hand, making it more difficult for exporters to offer foreign customers credit for handling orders, and, on the other hand, credit is often expensive because banks must pay considerably higher margins for interbank borrowing. These factors render it difficult or impossible for exporters to accept new export orders.

New

  • SERV guarantees the obligations of the bank providing credit to the refinancing bank. SERV ensures that the resulting reduction in borrowing cost (interest margin) benefits exporters.
  • The refinancing guarantee is always granted in combination with buyer credit insurance or supplier credit insurance assigned to a bank.
  • This product guarantees the entire refinanced amount (incl. interest).

Benefits for exporters

  • Export transaction financing offered at competitive interest rates.
  • SERV is protecting the international competitiveness of Swiss exporters, as this product is already available in several countries.

Version: 06.08.2009

© 2007   SERV Swiss Export Risk Insurance, Zurich

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Swiss Export Risk Insurance, Kirchenweg 8, P.O.Box, CH-8032 Zurich
T +41 (0)44 384 4777, F +41 (0)44 384 4787, info@dont-want-spamserv-ch.com, www.serv-ch.com