Additional documents
Product Brochure (PDF)
General Terms and Conditions (PDF)
Application portal (online)
Working capital insurance
Exporters usually have to prefinance the manufacture of export goods. The advance payment required from the buyer under the export contract is typically insufficient to cover the cost of manufacturing goods for export. For this reason, exporters frequently require a working capital loan. But if credit limits have been exhausted by other transactions, banks require additional collateral before granting further working capital loans.
New
- SERV guarantees the repayment of working capital loans to lenders by exporters.
- The cover ratio for this insurance is a maximum 80 percent.
Benefits for exporters
- Working capital insurance allows exporters to obtain working capital loans or increase credit limits without having to provide additional collateral to the bank because the bank’s risk of non-payment is covered by the insurance.
- Exporters can more easily obtain financing for manufacturing goods for export.
- Exporters retain the necessary liquidity.
Version: 06.08.2009