- This new service, Credendo Export Finance Solutions, supports exporters with an all-inclusive package for financing their export contracts.
- Belgian companies, particularly SMEs, receive personalised advice on credit structuring and tailor-made financing.
- The aim is to enable them to accelerate their international growth while limiting risks
Against a backdrop of geopolitical instability, trade wars and fierce competition, the export finance landscape is becoming increasingly complex. Certain regions or emerging markets, for example, are more difficult to understand or more risky. This volatile environment makes Credendo-backed financing more attractive than ever to foreign buyers and, above all, a significant asset for Belgian exporters of capital goods.
That is why Credendo is launching a new service offering at the beginning of November: Credendo Export Finance Solutions.
Who is this service for?
This service is aimed at exporters of capital goods and related services that are of interest to Belgium, particularly small and medium-sized enterprises. We know that getting the right advice and financing for export contracts is not always easy, especially for SMEs.
What is the objective of Credendo Export Finance Solutions?
The objective of Credendo Export Finance Solutions is to support exporters by providing them with tailor-made advice, high-level credit structuring, first-rate support during transactions and in finding the ideal financial partner. Exporters who encounter difficulties in obtaining financing for their export contract can also turn to Credendo for the necessary resources.
In practical terms, how does the process work?
We support our clients from start to finish. Together, we identify the most appropriate structure for the transaction, enabling them to find a financing solution and manage political and commercial risks. Credendo can cover up to 95% or 98% of the export contract. Our offer is not limited to advisory services: we also participate in structuring to achieve the best results and look for ways to optimise export transactions. To find the best financing options, we draw on our extensive network of financial institutions. If necessary, Credendo can also provide the necessary resources. ‘This can be done through our direct financing solutions, such as Forfaiting and Credendo Buyer Credit. In this way, the exporter excludes the risk of non-payment and also benefits from a competitive advantage,’ explains Nabil Jijakli, Deputy CEO of Credendo. Credendo is a strategic partner in its own right, offering a comprehensive export finance solution through Credendo Export Finance Solutions.
Want to know more?
For more information and personalised advice, visit our website.
Spokesperson:
Nabil Jijakli, Deputy CEO
Press contact:
Hélène Leto, Head of Marketing and Communication
Credendo
Present across the European continent and active in all segments of credit insurance, Credendo offers a wide range of products covering risks worldwide: Belgian export credit agency services, global credit insurance covering short-term risks in Europe and outside Europe, single risk, excess of loss, top-up, surety and reinsurance. In 2024, Credendo insured international transactions worth €82 billion and its premium income amounted to €399 million. Credendo is the fourth largest credit insurance group in Europe.