Export Financing with ECIC Insurance Policy

Jointly offered by DBS and the Hong Kong Export Credit Insurance Corporation (ECIC), this insurance policy is a guarantee that allows you to finance export bills and conduct international trade without any collateral needed.

The ECIC Insurance Policy loan provides a guarantee to Hong Kong businesses and corporations that offer export services, which enables them to offer credit to their buyers and finance trade with peace of mind.

Export credit insurance is important for Hong Kong businesses and corporations as it helps limit the risk of exporting goods and services in foreign markets. Trade credit insurance guarantees protection in adverse situations, such as buyer insolvency, bankruptcy, and default. Essentially, the main purpose of export credit insurance is to ensure that trade-related businesses are able to grow and finance their sales internationally, but do so in a manner where they are protected should anything unfavourable occur.

The repayment tenure for SME businesses and corporations that accept the terms and conditions of the export credit guarantee can be up to 180 days. Other repayment terms will depend on your trading terms with your buyers.

DBS offers competitive rates to SME businesses looking for trade credit insurance. To find out more about the rates associated with the ECIC Insurance Policy or our other export and finance services, please call DBS BusinessCare at 2290 8068 or visit our SME Banking Centres. Our Relationship Managers will be able to assist you further on this.