What service suits your business, and your customer? Tick the boxes to limit the selection.
GIEK can provide a guarantee to a bank that finances a company’s investment in Norway. The investment must directly or indirectly lead to export.
Ensures money transfer between the buyer’s and the exporter’s bank. Mitigates risk for the bank and indirectly for the exporter.
OECD country risk classifications, GIEK’s assessments of whether countries can and will live up to their international payment obligations, and links to World Bank indicators of investment climate in individual countries.
A loan guarantee for long term loans to buyers of Norwegian exports. The entire loan can be payed a commercial bank (Norwegian or abroad) or Eksportkreditt Norway AS.
Protects the exporter against loss from foreign sales on credit. The credit may be provided by the exporter or the exporter’s bank. The guarantee covers the political or commercial risk of a buyer not paying for individual deliveries.
Relevant to export contracts valued at NOK 100 million or less. Borrow from Eksportkreditt Norge, with guarantee by GIEK and a bank. Up to 90% of the contract may be debt financed. Repayment period: minimum 2 years.
Protects the exporter against commercial risk (non-payment by the buyer) or political risk (legislative amendments, conflicts or other political obstacles to payment or delivery). Suitable for customised deliveries that would be hard to sell to other buyers.
Aimed at Norwegian suppliers to assistance projects in developing countries. Reimburses up to 50% of the supplier’s tendering costs if a contract is not won. Priority given to small and medium-sized companies.
Covers a bank’s risk when disbursing a production loan. Suitable when exporters will be bidding on large or multiple contracts. GIEK covers up to 50% of the bank’s risk. The contract(s) must exceed NOK 50 million.
Covers a bank’s risk when disbursing a production loan. Suitable when exporters will be bidding on large or multiple contracts. GIEK covers up to 50 per cent of the bank’s risk.
Covers up to 50% of a bank’s risk associated with building loans to shipyards or other manufacturers of mobile offshore installations. (Note: Export is not required, and the buyer may be domestic.)
Covers political risk for bank loans used in investment abroad. “Political risk” refers to such risks as expropriation, civil unrest and new foreign exchange restrictions. See also “Guarantee of equity investment”.
Covers foreign buyers’ loss in the event of non-delivery by a Norwegian exporter, loss of advance payment, etc. The exporter’s bank issues the guarantee, while GIEK counter guarantees up to 50%/70%/90%, depending on the case.
Innovation Norway’s financing services to growth companies may consist of loans, grants and guarantees, or some combination thereof.
Insures the exporter against loss on short-term credit sales abroad (repayment period of under 2 years). The policy can cover all sales (portfolio insurance) or single sales (single risk). Both political and commercial risk can be covered. Note: the company GIEK Kredittforsikring should not be confused with the agency GIEK. They share a common history but are two separate organisations.
GIEK Kredittforsikring (now a separate company, but previously a part of GIEK) can insure against losses on accounts receivable from buyers at home and abroad.
GIEK Kredittforsikring (nå et eget selskap, men tidligere en del av GIEK) kan forsikre deg mot tap på kundefordringer til kjøpere i inn- og utland. Polisen kan dekke alt salg (Porteføljeforsikring) eller enkelt salg (Single Risk).
Resources for companies with export ambitions. Find new markets, prepare to export, get your first customer, achieve growth and scale up operations.
Tools and advice for developing research and innovation projects.
SkatteFUNN and other funding schemes for developing new or improved products, services or production processes in a company.
For installation of new Norwegian equipment on existing vessels. The vessel must be in foreign trade or offshore activity. The loan may cover up to 85% of the Norwegian delivery, with a repayment period of 5 to 8.5 years.
Long-term loans on competitive terms with loan periods of 2–18 years. Fixed or variable interest rates, loans up to 85% of export contract value. A loan guarantee for the entire loan is required from GIEK, a commercial bank or other financial institution. For loans under NOK 50 million, the exporter may serve as co-guarantor.
Database of Norwegian export companies, news, articles and links for those who want to do business with Norway.
Clickable overview of market opportunities in a number of countries. Also contains a list of Innovation Norway’s offices as well as Ministry of Foreign Affairs embassies and consulates.
Information from Norwegian embassies, consulates and international delegations. Contains travel, finance and business information on individual countries.