The Exportfonds credit offers attractive revolving working capital loans exclusively to SMEs tailored to the needs of their export transactions. This can allow you to finance up to 30% of your annual export turnover. Tourism businesses can receive financing up to a maximum of 14% of their annual export turnover.

Factsheet Exportfonds Credit Line

Your situation

You are small or medium-sized enterprise (SME) and export goods and/or services. Your business meets the EU definition of a SME:

  • Fewer than 250 employees (full-time, excluding trainees) and
  • an annual turnover not exceeding 50 million euros, or an annual balance sheet total not exceeding 43 million euros and
  • no more than 25% of the capital owned by a large company

To finance your export orders and export receivables and increase your liquidity you need a credit that is both attractive and flexible.
 

Our service: Financing with the Exportfonds credit

As your bank’s partner, OeKB offers working capital loans of up to 30% of the annual export turnover. To make use of the credit, you have to have appropriate export orders and/or export receivables.

The export turnover refers to:

  • Your goods deliveries abroad
  • Your services for foreign customers such as engineering, IT, architectural and planning services, and others
  • Services for foreign tourists, incoming tourism (hotels, travel agencies, and others)

Focus on domestic value added

Depending on the Austrian value added and your creditworthiness, OeKB can bear up to 80% of your bank’s credit risk.

The prerequisite for the Exportfonds credit that covers part of the corporate risk is an Austrian value added of at least 25%. In particular, this takes into account gross profit to turnover ratio and the number of employees. Raw materials and basic materials that are neither extracted nor produced domestically are not included in the foreign content.

If the foreign content amounts to 75% or more, it is still possible to receive attractive funding with an Exportfonds credit. However, the credit risk will remain with your bank.

Your benefits

Attractive financing

Low interest rates. OeKB charges no commitment fee.

High flexibility

The revolving Exportfonds credit can last for several years and be used flexibly.

Liquidity protection

The Exportfonds credit functions as a sustainable liquidity reserve.

Unbureaucratic procedures

We process your Exportfonds credit with your bank quickly and unbureaucratically.

The costs

Guarantee by aval fee 0.3% p.a. of the amount used, provided that the bank bears your insolvency risk
0.4 % p.a. of the amount used, provided that the Republic of Austria bears your insolvency risk
Handling fee one-off 0.1 % of the requested amount granted, min. 10 euros, max. 720 euros
Interest rate 0.5% p.a. (as of 1 January 2018)

In addition to OeKB's costs, your bank may charge you additional costs. OeKB has no influence over your bank's costs.

How to get your Exportfonds credit

  1. Submit your request to your bank which will take care of the rest for you.
  2. We check the documents and present them to the advisory board.
  3. Following a positive evaluation by the advisory board, your bank receives the confirmation along with the sight draft.
  4. Once the sight draft has been signed and authenticated, you can make use of your credit.

Documents for the Exportfonds credit

Please submit the completed forms to your bank along with the following documents:

  • Annual accounts for the last two financial years
  • Current figures

Any further questions?

If you require more detailed information or an individual consultation, please do not hesitate to contact us.

Client Advisory Export Services
T +43 1 53127-2600
exportservices@oekb.at

Your bank as a partner

Ask your bank about the Exportfonds credit.