Umoe Mandal is supported by the Norwegian state-owned Export Credit Norway, which provides competitive long-term loan financing solutions to national and foreign companies looking to purchase goods and services from Norwegian exporters.
Export Credit Norway offers effective, stable long-term financing at competitive terms, handling the entire loan application process, including commitment, disbursement and monitoring of loans. The combined financing package includes a loan from Export Credit Norway, backed by guarantees from Export Credit agencies and banks, ensures a competitive and secure financing solution for the buyer.
Export Credit Norway offers loans with two different sets of interest terms: fixed-rate Commercial Interest Reference Rate (CIRR) loans and CIRR-qualified market loans with variable rates. Both types of loans may be disbursed in all OECD currencies, and both comply with the OECD Arrangement on Officially Supported Export Credits.