Export contract for the delivery
of the goods and/or services
Credit agreement
Insurance policy covering credit risks
Delivery of goods and/or services
Disbursement of the credit
Payment for the delivered goods and/or services
Credit repayment
BASIC
CHARACTERISTICS
SHORT-TERM CREDIT
repayment term up to 2 years
credit amount - up to 100% of
export contract
interest rate - based on the
market interest rate (LIBOR, EURIBOR etc.)
Insured party - exporter
LONG-TERM CREDIT
repayment term above 2 years
credit amount - up to 85% amount
of export contract
15% advance payment
interest rate -
fixed rate CIRR
or its equivalent based on the market rates (LIBOR, EURIBOR etc.)
637286
