Bonds securing short-term loans

Bonds securing the repayment of a short-term loan made to finance an export contract

Our bonds allow the bank to safely make a loan to an exporter for the purpose of financing an export contract. We secure the repayment of the loan.

What are the conditions?

  • Bonds are issued at the request of domestic exporters and are provided to banks financing export contracts.
  • The exported goods or services must meet the criteria of Polish content.
  • The disbursement period and repayment period of the loan is less than 2 years.
  • Bonds cover losses incurred by a bank as a result of the debtor’s failure to meet its obligations within payment term specified in a short-term loan agreement.  The bonds cover capital, interests, provisions and other bank’s receivables specified in a loan agreement.

What are the benefits?

  • We allow the bank to safely finance an export contract.
  • We are able to secure up to 80% of the bank’s due amount of receivables.
  • Our bonds are are a widely recognized method of securing bank loans - they are  irrevocable and payable upon first demand.