UniCredit Offers Express Export Finance Solutions for Smaller Finance Volumes
UniCredit has partnered with Northstar Europe in the area of export finance. Northstar Europe provides financing solutions for exports up to a volume of €5m. Within the framework of this co-operation and the long-lasting collaboration with the export finance bank AKA (Ausfuhrkredit-Gesellschaft), corporates can be offered quick and uncomplicated long-term financing solutions for the export of capital goods from €500,000 upwards. With the aim of ensuring that requests are processed efficiently and on a ‘one-stop’ basis, HypoVereinsbank has set up its own specialised UniCredit Export Financial Express office.
“I am very pleased that we have been able to secure Northstar as a partner. In recent years, many exporters were compelled to review their risk-assessments even for smaller financing solutions. Furthermore, new concepts are required to comply with the trend towards long-term export finance. The new co-operation with Northstar Europe allows us to offer corporates long-term credits for their exports in a quick and uncomplicated manner, thus fulfilling their business needs better,” said Inés Lüdke, head of structured trade and export finance at UniCredit in Germany.