Conditions for Buyer Financing
Standard according to OECD and general practice in Eksfin. It is important to point out which conditions are offered will vary from transaction to transaction based on the Norwegian content of the transaction, what proportion of bank financing is included in the total financing of the contract / project, what is used as the export contract value, and which country the export goes to. Below is an overview of the maximum financing ratio, based on the value of the export contract (s), maximum repayment period and maximum local content in the recipient country that can be included in the financing basis.
| Mortgage ratio | Minimum risk coverage from a bank or equivalent financial institution | Repayment period high-income countries | Repayment period low- and middle-income countries | Local content in high-income countries | Local content low- and middle-income countries | |
| Capital goods and services | 85% of the export contract | 10% | 8,5 years | 10 years | 40% | 50% |
| Renewable energy (including project financing) | 85% of export contract / 70% of total project cost | 10%/30% | 18 years | 18 years | 40% (45% for projects under SDR 10m) | 50% |
| Ship financing | 85% of export contract / 80% of total cost of the ship | 10%/30% | 12 years | 12 years | 40% | 40% |
| Project financing | 85% of the export contract / 70% of the total project cost | 10%/30% | 14 years | 14 years | 40% | 50% |
| Government loans | 85% of the export contract | No requirements | 8,5 years | 10 years | 40% | 50% |