Export financing is a key competitive advantage for exporters. There are several benefits for both importers and exporters in having Danske Bank handle and finance the transaction.
Advantages for the exporter
Finance can be offered to prospective buyers.
Cash payment received upon shipment or commissioning.
Does not tie up assets.
Credit, currency and interest-rate risks may be avoided in the settlement period.
Administrative resources are not required to collect the debt.
Advantages for the importer
- Long-term financing can be used to match expected revenues with expenditure, making cash flow more efficient.
- Financing can be secured that can be less expensive than local financing, which is often subject to restrictions.
- Using export credit programmes that make financing available at more favourable rates.
- Fixed rate financing can be obtained so you can be certain of the size of future payments.