Financing of business with buyers in non-OECD countries (i.e. CIS countries) without state backed insurance can often not be realized. Therefore it is advisable to make use of state insurance that is in most countries available through state owned Export Credit Agencies (ECA's). With the support of these ECA’s, complex cross border projects can be realized together with commercial banks.
Most ECA’s are member of the Bern Union an association that safeguards a certain cross border quality. Every financing project involving an ECA requires a careful preparation:
• description of the project – business plan
• balance sheets in accordance with IFRS (International Financial and Risk Accounting Standards) or IAS (International Accounting Standards) standards.
Our specialists support you with the preparation of the formal requests and conducting the negotiations.