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ECA Direct Loans

In: Export Credit Insurance and Guarantees

Author

Listed:
  • Zlatko Salcic

Abstract

ECA direct loans are specific transactions that are different from the ECA cover. An ECA direct loan is a loan provided by an ECA to a foreign buyer for purchasing goods or services from the ECA country. When providing a direct loan, the ECA acts as lender while the foreign buyer acts as borrower. The loan transaction between the ECA and the foreign buyer is similar to a loan transaction between a bank and a foreign buyer, described in Chapter 8. ECA direct loans are not the main subject of this book and the short analysis of the main characteristics of ECA direct loans is limited to this chapter only.

Suggested Citation

  • Zlatko Salcic, 2014. "ECA Direct Loans," Palgrave Macmillan Books, in: Export Credit Insurance and Guarantees, chapter 11, pages 107-113, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-36681-8_11
    DOI: 10.1057/9781137366818_11
    as

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