Supplier credit guarantee

This guarantee ensures that the exporter receives payment for sales on credit to a foreign buyer.

Who can apply?

GIEK issues a guarantee ensuring that the exporter is paid within the agreed time. The guarantee is applicable if the buyer goes bankrupt or experiences problems paying.


What does the guarantee cover?

  • The guarantee can apply to a foreign buyer’s inability or unwillingness to pay. GIEK guarantees up to 90 per cent of the credit.
  • The guarantee can apply to amendments to laws or to events in the buyer’s home country that make it impossible to carry out payment (political risk).

Cases inside the “Marketable risk” area and which are under 2 years cannot be accommodated by GIEK. Please contact one of the following insurance companies:

AtradiusCofaceEuler HermesGIEK Kredittforsikring



How does the guarantee work?

Supplier credit guarantee to the exporter 


Supplier credit guarantee with financing


How much does it cost?

GIEK charges a premium upon issuing a guarantee.

The premium amount is determined on the basis of repayment period, and is also affected by:

  • Buyer’s creditworthiness: GIEK assesses customer creditworthiness, i.e. the probability of repayment by the customer.
  • Political conditions in the buyer’s country: GIEK assesses the risk of political unrest arising in a foreign buyer’s country.

Obtain a preliminary indication using our premium calculator.


How to apply?

Please fill in the supplier credit guarantee application form (in Norwegian).

Do you want to be prepared before you begin the application process?
We have collected all the questions you will get during the application process:
Supplier credit guarantee (in Norwegian). 


FAQ about the application forms.