The Export Leap

Here’s how it works: When a bank provides working capital financing to a growth company — such as loans, overdraft facilities, credit lines, or invoice financing — EKN can cover up to 75% of the lender’s (the bank’s) risk. The working capital guarantee applies to amounts of up to SEK 20 million.

This working capital guarantee is only available to companies that have had commercial sales for a maximum of five years.

The working capital guarantee enhances the bank’s security, making it easier for exporting companies to secure financing. It is also available to companies with export plans and to subcontractors of exporting companies — even if the applying company is part of a larger corporate group.

There are no profitability requirements, but we require well-founded and credible forecasts.

For overdraft facilities, the term can be up to 12 months, with the possibility of an extension for up to two years. After that, the bank can apply for a working capital guarantee covering 50% of the risk. For loans, the maximum term is five years.

The capital requirement may cover costs arising both before and after an export agreement has been signed. This could include expenses for purchasing components, tools, equipment, or other costs associated with the export process. The need must be clearly separated from the borrower’s other capital requirements, such as long-term risk capital or equity.

For credits that are not tied to financing a specific export transaction, at least 25% of the borrower's revenue must come from the export of Swedish goods or services. Alternatively, forecasts must demonstrate that this requirement will be met within the credit period.

If your company is a subcontractor to an exporting company, a significant share of the exporting company's revenue must come from the export of Swedish goods or services.