Export Buyer’s Credit

Securely finance the export of technology, machinery and investment units with an export buyer’s credit
we will pay your export receivables immediately after the export is completed

we will pay your export
receivables immediately after
the export is completed

your foreign client will thus obtain goods or services of European quality, including financing, at a price corresponding to the European financial market
your foreign client will thus obtain goods or services of European quality, including financing, at a price corresponding to the European financial market
the credit will not be a burden on your balance sheet because the debtor will be the foreign buyer or their bank
the credit will not be a burden on your balance sheet because the debtor will be the foreign buyer or their bank

Export buyer’s credit

  • can be used to finance the export of technologies, machinery and investment units originating mainly from the Slovak Republic,
  • can finance up to 85% of the value of the export contract,
  • has a maturity period generally exceeding one year,
    • is provided to the foreign buyers (direct export buyer’s credit) or their banks (indirect export buyer’s credit),
    • is usually insured by the Export - Import Bank of the Slovak Republic (EXIMBANKA SR).

    Credit for a larger export transaction can also be insured through a commercial insurance company from the Société Générale contractual portfolio.

Conditions for obtaining export buyer’s credit

  • an export contract with a foreign buyer,
  • insurance from EXIMBANKA SR or a commercial insurance company covering 95% of the principal of the provided credit,
  • in the case of insurance by EXIMBANKA SR, part of the value of the export contract (goods and services) must originate from the Slovak Republic. The value depends on the specific business case and on the assessment of EXIMBANKA SR,
  • usually, a foreign buyer must pay at least 15% of the value of the export contract in the form of an advance payment before the actual export is carried out. This does not apply if the total maturity does not exceed two years,
  • the entire business case and all involved entities, including the territory, must comply with Société Générale's sanctions and embargoes policy.