Financing Structure with Export Credit Agencies
Export Credit Agency (ECA) financing structure allows cross-border customers to gain access to hard currency financing for purchasing Philips medical equipment. Philips Capital works through a global network of ECAs such as Atradius, OeKB, Ashra, and US EXIM Bank to arrange credit facility for exports. We have two ECA credit financing structures designed to address your healthcare investment challenges.
Key benefits of ECA Supplier Credit
Flexible payment terms with minimum down-payment of 15% as per OECD guidelines and tenor over 3 – 7 years EUR/USD interest rate fixed for the duration of the tenor with the possibility of a grace period up to 6 months Funding directly arranged by Philips Capital without customer bank loan, using Bills of Exchange or Promissory Note for collateral, as advised by the ECA
Key benefits of ECA Buyer Credit
Quarterly or semi-annual installments, tenor up to 10 years for long-term projects with minimum 15% down payment required as per OECD guidelines; available via commercial loan Lower interest rates available on a floating EUR/USD basis; funding limits and conditions through local or international financier with collateral advised after credit assessment
Why choose ECA financing structure with Philips Capital?
Read how our customers and partners have brought their healthcare vision to life with financing solutions that fit their needs.
Atradius Dutch State Business is proud to partner with Philips and Philips Capital to support healthcare businesses with export credit insurance for medium-long term financing of essential medical equipment."
Edgar Bes
Senior Export Credit Specialist for Key Accounts at Atradius Dutch State Business
With the support of Philips Capital [via Supplier Credit financing with Export Credit Agencies (ECA)], we have managed to make possible a number of expansion projects on behalf of our customers that could not be implemented due to a lack of financial products in the market. Additionally, we captured a new market share that has credit lines with other suppliers, which allowed us to have an indisputable leadership in the market."
EcuadorAndres Espinosa, Sales Manager
Ecuador Overseas Agencies, C.A
Managing the high peaks in sales from financing point of view might be one of the biggest challenges of a distributor. The Covid situation created very high volume of demands with short reaction and delivery time. With the tailor-made solutions of Philips Capital, Bluemed & Bluemed Plusz was able to manage the financing of over 5 Mn EUR opportunities, and vital medical equipment were supplied to the healthcare institutions in need."
HungaryPeter Blazsevacz, Managing Director
Bluemed Plusz Kft.
Philips Capital worked closely with us to understand our financing requirements and structured the ideal and an extremely cost effective [ECA] financing solution for Mandaya Royal Hospital Puri, tailored to the requirements of the project. Philips demonstrated itself to be a true partner and a One-Stop-Shop, fulfilling all our needs."
IndonesiaDr. Benedictus R. Widaja, President Director
Mandaya Hospital Group
With the support of Philips, we have obtained long-term [ECA] financing to equip our new service center without having to use our local credit lines, while generating a lasting alliance. This new technology allows us to continue with our vision to offer the highest quality of care and diagnostic imaging services to our patients."
ArgentinaManuel Falcon, Purchasing Manager
Aurea Med SA – Grupo Centro Rosario
Resources
Access to advanced health technology through innovative financing solutions Learn why healthcare facilities turn to Philips Capital and Atradius Dutch State Business for export state-of-the-art healthcare technology from the Netherlands.
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Disclaimer:
This content is for general information purposes only and subject to customization, contract and financier approval. To discover more, please contact your local Philips representative.
