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NZEC Annual Overview 1 July 2017 - 30 June 2018

Annual report

Queenstown gets JUCY

Success story
Exporter: 
JUCY
NZEC's loan guarantee enables tourism company JUCY to expand.

Supply Chain Scenario - Short Term Trade Credit Insurance

Scenario

AS Limited has secured a contract to supply 8,000 duvets to a New Zealand firm (OB Exports Limited) for export to Asia.  The demand for these duvets is seasonal, and AS Limited must have these duvets available for shipments between September a

Supply Chain Scenario - Loan Guarantee

Scenario

AS Limited has secured a contract to supply 8,000 duvets to a New Zealand firm (OB Exports Limited) for export to Asia.

Supply Chain Scenario - Contract Bond Guarantee

Scenario

HD Ltd is a small engineering company that specialises in hydraulics.  One of their key customers is Export Cut which manufactures forest harvesting machines for export.  HD helped design Export Cut’s harvest system, and supplies the hydraulic

Supply Chain Scenario - Export Credit Guarantee

Scenario

NZ based Primary Export Cuts Ltd (Prime Cuts) secures bank funding with New Zealand Export Credit Office (NZECO).

Export Supply Chain Support

Product

We can provide our solutions to a New Zealand firm that is providing goods or services that are integral to the delivery of exports.

Growing Global

Success story
Exporter: 
Te Pari
NZECO's Short Term Trade Credit Insurance enables Agri-tech company Te Pari to boost sales to the United Kingdom.

Loan Guarantee Supports Rapid Growth

Success story
Exporter: 
Invivo Wines
Helping Invivo obtain extra working capital to fulfil increase in demand from large UK buyer.

NZECO Annual Review 1 July 2016 - 30 June 2017

Annual report

NZ Inc at work: Dunedin company gets a big break

Success story
Exporter: 
TracPlus
NZECO’s short-term trade credit insurance helps TracPlus access trade finance to deliver new US contract.

NZECO supports Maven International deliver education services into the Middle East

Success story
Exporter: 
Maven International
Maven, a Wellington based consulting company, obtains NZECO support to deliver education services in Oman.

Short-Term Trade Credit

Product

Our Short-Term Trade Credit product covers the risk of a foreign buyer or foreign bank failing to make short-term credit payments for your exports as agreed. There are three different ways NZEC’s short-term cover may be used:

Pre-Credit Insurance

Product

If your exports have a long production period or you produce custom-made products then you may be exposed to losses in the event your buyer cancels or is unable to honour your contract prior to delivery.

Loan Guarantee

Product

Our Loan Guarantee helps you access additional loan facilities from your bank to help you fund export contract(s).

Surety Bond Guarantee

Product

A Surety Bond is a financial guarantee provided to your Buyer, which provides assurance that the contracted work will be performed and/or any losses incurred due to your non-performance will be indemnified.

General Contract Bond Guarantee

Product

A contract bond is a financial guarantee which protects your buyer from losses in the event you fail to properly perform your contractual obligations. 

Export Credit Guarantee

Product

Our Export Credit Guarantee covers credits or loans greater than one year, provided to your foreign buyer. We cover the risk of your buyer or a foreign bank failing to make its repayments as they fall due.

Declaration of non-bribery: Application form

Form

A declaration form stating that illegal bribery does not and will not take place.

Export Credit Guarantee: Application form

Form

This application helps the New Zealand Export Credit Agency (NZECO) to assess your export deal’s eligibility for an Export Credit Guarantee.

Pre-Credit Guarantee : Application form

Form

This application helps the New Zealand Export Credit Office (NZECO) to assess your export deal’s eligibility for a Pre-Credit Guarantee. 

Loan Guarantee: Application form

Form

This application helps the New Zealand Export Credit Office (NZECO) to assess the Exporter’s and Financier’s eligibility for a NZECO Loan Guarantee. 

Contract Bond Guarantee: Application form

Form

This application helps the New Zealand Export Credit Agency (NZECO) to assess the Exporter’s eligibility for a NZECO Contract Bond Guarantee. 

Surety Bond Guarantee: Application form

Form

This application helps the New Zealand Export Credit Agency (NZECO) to assess your export deal’s eligibility for a Surety Bond Guarantee.

Short-Term Financing Guarantee - Letter of credit

Form

This application is for a New Zealand financial institution (the Applicant) seeking the New Zealand Export Credit Office’s (NZECO) commercial and political risk coverage in respect to letters of credit and avalised bill of exchange in collection transac

Extended finance terms seal the deal for Scott Technology

Success story
Exporter: 
Scott Technology
Scott Technology offers 5-year payment terms to Australian buyer for automated lamb boning system, covered by NZECO’s export credit guarantee.

General Contract Bond Guarantee delivers PEP a ground breaking Palau opportunity

Success story
Exporter: 
Pacific Engineering Projects Ltd
NZECOs’ general contract bond guarantee helps Pacific Engineering Projects meet bonding requirements for wastewater treatment project.

Protecting wine exports to Poland with Letters of Credit

Success story
Exporter: 
Sacred Hill Vineyards
NZECO’s short-term trade credit insurance helps Sacred Hill break into a new market with confidence.

NZECO Opens Path to Canada for New Zealand Exporters

Success story
Exporter: 
Glidepath Canada
NZECO’s Surety Bond enables Glidepath to attain Canadian airport baggage system upgrade contract.

NZECO Annual Report 1 July 2015 - 30 June 2016

Annual report

Supporting Hawkes Bay exporter’s new entry into Taipei

Success story
Exporter: 
NZ Natural Juice
New Zealand Natural Juice secures sales with a large retailer with help from NZECO’s short term trade credit insurance.

Short-Term Direct Trade Credit Insurance: Application form

Form

Use this form if you are a New Zealand exporter seeking New Zealand Export Credit Office’s (NZECO) commercial and political risk cover in relation to short-term, open account transactions with a foreign buyer.