Credit for the purchase and modernization of technology and associated infrastructure

EXIMBANKA SR provides an exporter an investment credit for modernization of its technological base, and its use associated with the production of goods intended for export. The credit is provided for up to 85% of costs for the purchase or modernization of technology and associated infrastructure intended for production for export, with the possibility of reimbursement of invoices no older than 6 months to the day of drawing the credit. Maturity of the credit is up to 7 years.

Advantages for the exporter

The procurement or modernization of technology for the purpose of expanding or making the production of goods intended for export more efficient.
The opportunity to compete with producers having a comparable technological base in new export territories.
Increased export with a higher measure of added value.

How it works

	Diagram explanation note
1.	Export contract
	The Exporter concludes an export contract which presumes the investment into technology.
2.	Credit for the purchase and modernization of technology
	EXIMBANKA SR provides the exporter with a credit for the purchase and modernization of technology and related infrastructure with the possibility of repayment of invoices issued not earlier than 6 months from date of drawing credit.
3.	Credit repayment
	The Exporter pays the credit instalments according to the agreement.

Frequently asked questions

For what time period is this credit provided?
The maturity of the credit is at most 7 years from the first day of drawing on it. The gradual drawing of the credit according to individual stages of investment implementation and payment milestones is also possible.

What are the basic conditions for providing the credit?
• The existence of an export contract relating to the given technology.
• The exporter must pay a minimum of 15% of the value of the investment from its own resources.
• The drawing of credit on the basis of supplier invoices and realized outputs.