REALIZE YOUR INDUSTRIAL GOALS
As your dedicated industry partner, Rieckermann is committed to supporting you not just throughout the entire value chain of your projects, but also in your investment plans. Our complete, turn-key solutions go beyond our established industrial engineering operations, technical services, and the supply of process equipment, as we also offer unique services in Export Credit Agency (ECA) financing.
Feature service
- We consolidate multiple suppliers of your choice into one contract, thereby achieving longer credit tenors and lower interest rates.
- We have more than 30 years of experience in the field.
- We help you form partnerships with major players in Export Finance (lenders and ECAs), provide support throughout the entire lifecycle of your industrial endeavors, and realize your projects around the globe.
GET IN TOUCH
Mr. Micha Christian Haercke
Head of Global Trade Finance
Email: [email protected]
What is ECA financing?
- The most effective instrument to finance Capital Expenditure (CAPEX) in terms of price/tenor
- Adaptable to specific project needs within a certain framework
- Disbursements in proportion to supplies & services
- Available grace period for principal until delivery/readiness for operation
- No idle amount
- Access to long repayment tenors
- 5 to 10 years plus shipment & installation period
- Financing of ECA premium & capitalizing interest during construction
- Diversification of funding sources, which preserves commercial borrowing capacity for the finance of future CAPEX
Your benefits
- Strong risk mitigation elements
- ECAs with AAA ratings from European countries (Germany, Austria & Switzerland)
- Low interest level in euros or US dollars
- Funding up to 85% of the total contract volume
- Long term financing from 5 to 10 years (special cases with an extended period)
- Multi-party negotiation & single contractual arrangement
- Lower requirement for Letter of Credit (LC) in favor of suppliers