Export pre-financing is credit for financing the expenses that your company must incur to honour a contract signed for export. It is backed by the Bpifrance Assurance Export (ex Coface) pre-financing guarantee.
Amount: Crédit Agricole Group finances your cash requirement, within the limit of the pre-financing insurance budget validated by Bpifrance Assurance Export.
The percentage of cover for pre-financing insurance is:

• 80% maximum for companies for which turnover is less than or equal to € 150 million,
• 50 % for other companies.

Currency: the currency for export pre-financing credit is the euro.
Term: Bpifrance Assurance Export insurance covers the period of execution of your export contract.
The term of this export financing is based on the guarantee period of Bpifrance Assurance Export. 
 

You need flexibility in your cash flow because:

• your export contracts include a long production phase requiring significant working capital requirement,
• The contracts do not provide for sufficient down payments to finance their execution
   

Pre-financing credit allows you to:

• respond to new contracts without impacting the cash flow of your company,
• benefit from the expertise of Crédit Agricole Group in setting up your export file and in your dealings with Bpifrance Assurance Export.