Byggelånsgaranti

Byggelånsgaranti is a guarantee product from Eksfin that secures bank loans extended to cover construction costs during shipbuilding and manufacturing periods. The product targets Norwegian shipyards and workshops with contracted construction orders ("Norske verft og verksteder med kontraherte byggeoppdrag"), Norwegian producers of offshore installations, and Norwegian and international shipping companies that pay advances to shipyards for construction orders ("Norske og internasjonale rederier som betaler forskudd til verft for byggeoppdrag").

Guarantee coverage is normally between 50 and 75 percent, with a stated maximum coverage of 75 percent ("Maksimal dekningsgrad er 75 prosent"). Eksfin can also offer an advance-payment guarantee ("forskuddsgaranti") which secures that a shipowner receives back advance payments if the shipyard does not deliver as agreed ("sikrer at reder får tilbake forskuddsbetaling dersom verftet ikke leverer som avtalt").

Applications are submitted via the Eksfin portal at https://www.eksfin.no/no/soknader/. General contact email is post@eksfin.no. Further information on the application process is available at https://www.eksfin.no/no/soknadsprosess/.