Loan Guarantees – enabling lenders to help you manage your cashflow and grow your business.
In conjunction with New Zealand Trade and Enterprise (NZTE), we have made our Loan Guarantee process easier for NZTE customers who are successful IGF expansion grant recipients https://my.nzte.govt.nz/collection/accessing-the-international-growth-fund
This initiative benefits NZ exporters by making it easier to access additional working capital support from their lender. Any exporter who is approved for an IGF expansion grant can apply for an increase in lending from their lender to support their growth.
If you are an exporter who has been awarded an IGF expansion grant in the past 2 years, then you could be eligible for our IGF Loan Guarantee initiative.
To be considered you need to be talking to your lender about:
• new lending of up to NZD 1m (this lending cannot be used to fund your IGF contribution).
• how NZEC can guarantee 80% of the new lending provided by your lender.
Your IGF expansion grant needs to be approved and the grant conditions satisfied. If you meet these criteria, then apply today for our IGF Loan Guarantee initiative or contact one of our Business Originators to enquire if you are eligible.
You can also contact us via email at [email protected] and phone on +64 4 917 6060.