Finnvera in brief
Finnvera plc is a specialised financing company owned by the State of Finland. Its purpose is to improve and diversify the financing options available to enterprises. Finnvera operates on the financial markets, supplementing the financial services offered by banks and other providers of financing. Finnvera is Finland’s official Export Credit Agency (ECA).
We help Finnish enterprises to succeed and boost their competitiveness by offering loans, domestic guarantees, export credit guarantees and export credit financing as well as interest equalisation and venture capital investments. We enable financing for the start-up, growth and internationalisation of enterprises and for exports. Our objective is to work for the revitalisation and development of Finnish enterprises and to help them improve their competitive standing. We want to ensure that new business is generated more rapidly than old business disappears.
By granting financing, we can participate in projects seen as having the potential for success. We do not issue grants or direct business subsidies; we provide financing for a consideration, and the fees paid by clients correspond to the risk involved. We want to ensure that no good project fails for lack of financing.
Finnvera’s operations are steered by the relevant legislation, international agreements, and the industrial and ownership policy goals determined by the State of Finland. Finnvera acquires the funds needed for credits from the financial market.
