The New Zealand Export Credit Office: Insurance and Finance for Exporters
The New Zealand Export Credit Office (ECO) is the New Zealand government’s trade finance arm, and provides a range of services to support the country’s exporting businesses.
ECO offers a range of products and services to help businesses manage the financial risks associated with exporting, including:
Export credit insurance: This protects businesses against the risk of non-payment by overseas buyers, and can cover up to 90% of the value of an export contract.
Export finance: This provides businesses with the working capital they need to fulfil export contracts, through a range of products including loans, guarantees and bonds.
Risk management: ECO can help businesses assess and manage the risks associated with exporting, including political, economic and commercial risks.
The ECO is a self-funded, commercial organisation, and all of its products and services are available on a fee-for-service basis.
If you’re thinking of exporting, or are already exporting, the ECO can help you to minimise the financial risks associated with doing business in overseas markets.