HOME
SERVICES
MARKET
PRICING
SUCCESS STORIES
PARTNERS
E-VISION
APPLY
CONTACTS

Application Process

PEFG guarantee applications will either be generated by the originating financial institution or the exporter/indirect exporter or representative(s). This approach follows international best practices.

Repayment Security

PEFG policy in the area of borrower's repayment collateral must, to be effective, enhance the position of the borrower in the perception of the funding source i.e. financial institution. Otherwise, PEFG will be merely offering a service that institutions are already providing, there will be no net gain for exporters and indirect exporters and PEFG will remain marginalized in the marketplace.

As a general principle, PEFG will seek to secure one-half of the guarantee it extends.

Included in the forms of Pledge that PEFG will consider are:

• Property
• Land
• Tradable Securities
• Cash
• Cash-Like instruments
• Assigned contract of sale
• Precious metals and gemstones
• Fungible commodities
• Sellable inventory

To further ensure PEFG's interests as guarantor are protected, PEFG will seek to formalize the PEFG financial institution guarantee underwriting arrangement, via cross-default clauses. This cross-default structure would minimize the likelihood that the PEFG's portion of a loan will be allowed to go into arrears, by the borrower, while the portion of the loan not guaranteed by PEFG is kept current.

If you would like to download and print out the form, please click on the link below:

Application for Pre-shipment Export Finance Guarantee
(file is in PDF format - requires Adobe Acrobat Reader)