Project Financing
Export Credit Norway is a governmentally owned financial institution that offers competitive long and short term loans to finance purchases from Norwegian companies.
- Favorable fixed/variable interest rate
- Borrow up to 85% of the contract value
- Gain access to attractive, stable funding from the Norwegian Government irrespective of market conditions
- Free up credit from your local banks for other financing needs (overdraft facilities etc.)
For ship owners that have several vessels that need to retrofit scrubber systems, Export Credit Norway can offer a credit frame agreement for the entire fleet. The loans for the purchase of the retrofit scrubbers will then be structured as single loans under the credit frame agreement. The single loans will be disbursed upon fulfillment of pre-agreed conditions.