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Refinancing guarantee

Refinancing guarantee

By issuing a refinancing guarantee, SERV promises the refinancing financial institution to honour on first written demand the payment obligations imposed by a refinancing loan agreement on a financial institution providing export credit. The refinancing guarantee allows the financial institution providing the export credit to obtain better refinancing terms.

Refinancing guarantees are always issued in combination with Buyer Credit Insurance or supplier credit insurance assigned to a bank.

It thus covers the risk that the financial institution that provided the export credit may not repay the refinancing loan provided by the refinancing institution.

  • Maximum cover ratio: 100%

Questions? Contact:

Christian Hendriks

Christian
Hendriks

Senior Vice President, Large Enterprises, SMEs & Acquisition
+41 58 551 5525