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.
|Diagram explanation note|
|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.|
|The Exporter pays the credit instalments according to the agreement.|
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.