The package of measures for Export Credit Guarantees

With flex&cover, the Federal Government is introducing a new concept of eligibility for promotion that no longer exclusively considers the origin of goods as a funding criterion, but alternatively uses the "German Footprint" of a company to assess eligibility for eligibility for promotion. This increasingly takes into account the international business and sourcing models of German companies in foreign trade.

The significant improvements in Shopping Line Cover create new incentives for importers abroad to expand their supplier base in Germany. In future, such financing will be offered worldwide to importers with a very good credit rating (at least investment grade rating). The elimination of verification requirements, simplified disbursement conditions and flexible repayment profiles will create an attractive competitive environment for German companies.

The improved Forfaiting Guarantee makes it easier for medium-sized manufacturing exporters and now also trading companies to sell receivables. With an increased cover ratio of 95 percent, it offers attractive refinancing options.

The simplified sale of receivables and the possibility of an earlier payment date increase the liquidity of German companies, relieve the strain on credit lines and create more financial leeway, especially for small and medium-sized companies.

By increasing the guarantee volume to up to 120 million euros per exporter (and even more in exceptional cases), the Federal Government is giving German companies more flexibility in their international business. This extension creates financial leeway for new business and helps to secure jobs and strengthen Germany as an industrial location. This opens up new market and growth opportunities, particularly for large-scale plant manufacturers operating in the energy sector and in the area of transformation projects.

The Federal Government has adapted a new approach by expanding its cover policy for military goods. Previously, the approach was more restrictive. Now, a greater variety of military goods and more destinations are, in principle, eligible for support; the conditions of cover have improved, and the application process is more streamlined.

In order to further accelerate the application procedure and application processing for Export Credit Guarantees, the internal processes for environmental, social and human rights assessments (ESHR assessments) will be simplified over the next few months. The USM assessment defined in the OECD Common Approaches remains unaffected by this.