EIFO Launches New Unified Guarantee Product – What It Means for Banks and Borrowers in Denmark

The Danish Export and Investment Fund (EIFO) has as of 1 May 2025 today launched a new, simplified guarantee product aimed at supporting Danish banks and businesses across a broader range of financing scenarios. The initiative consolidates EIFO’s previous guarantee offerings – including the Export Guarantee, Green Guarantee, and Investment Loan Guarantee – into a single, streamlined solution: the EIFO Guarantee.

Key Features of the EIFO Guarantee

• Broader eligibility: One of the most significant changes is the removal of the traditional export-related requirement. Previously, companies had to be engaged in export activities to benefit from EIFO-backed guarantees. That condition has now been lifted, allowing Danish companies focused on domestic activities, including green transition and defence, to qualify.

  
  

• Applicable across multiple financing types: The EIFO Guarantee can be used to support a wide array of financing structures, including working capital facilities, capex and project financing, leasing, and performance guarantees.

  
  

• Simplified access for banks: EIFO aims to make its guarantee product easier to implement in bank lending workflows, with a standardised process and documentation set to follow. The goal is to reduce administrative friction and increase the practical usability of the instrument in day-to-day credit decisions.

Implications for Danish and Cross-Border Finance

The unified EIFO Guarantee is particularly relevant for Danish corporates and international lenders involved in financing Danish borrowers. For banks, this opens up a credit enhancement tool that can help mitigate risk and facilitate new lending to SMEs and mid-cap companies. For borrowers, it means easier access to debt financing backed by state-supported risk sharing – without the previous constraints linked to international activity.

At Carsted Rosenberg, we expect the EIFO Guarantee to maintain its position as one of the most widely used instruments in Danish project finance, project development, and export industrial sectors. We will be closely monitoring the publication of updated legal frameworks and standard documents supporting the scheme.

About EIFO

The Danish Export and Investment Fund (EIFO) is Denmark’s national promotional bank, formed through the merger of EKF Denmark’s Export Credit Agency, the Growth Fund (Vækstfonden), and the Danish Green Investment Fund. EIFO provides financing and guarantees to support Danish businesses in their growth, innovation, and internationalisation efforts. Acting as a strategic partner to banks, investors, and corporates, EIFO offers a range of debt, equity, and risk-sharing instruments to strengthen access to capital across industries and sectors — both domestically and abroad. For more information, visit eifo.dk.

About Carsted Rosenberg

Carsted Rosenberg Advokatfirma is a Danish law firm focused on delivering high-quality legal advice in banking, finance, and cross-border transactions. Dual-qualified in Denmark and England & Wales, the firm regularly advises lenders, sponsors, and corporates on complex financings, including acquisition finance, project finance, and export-backed structures. With deep experience in both Nordic and international markets, Carsted Rosenberg combines technical excellence with commercial insight to support clients in navigating legal risk and achieving transaction certainty.

Further Information

If you are a bank, financial institution, project sponsor, or corporate borrower considering whether the EIFO Guarantee could support your financing or project activity, our Banking & Finance team would be pleased to advise on the structure and documentation. For further guidance, please contact your usual Carsted Rosenberg adviser or reach out to Michael Carsted Rosenberg or Dr. Andreas Tamasauskas at Carsted Rosenberg.

This briefing is intended to provide general information on banking and financial law in Denmark It is not intended to provide definitive legal or tax advice. No legal, tax or business decisions should be based solely on its content. The briefing does not necessarily deal with every important topic and is not designed to provide legal or other advice. It shall not be used as a substitute for legal advice and none may be inferred. It is only intended for general information on matters of interest. While we endeavour to represent the information as accurately and correctly as possible, we cannot accept any responsibility for any errors or omissions.