Working Capital Insurance
Have the cash necessary to execute your export contract
The advantages of Working Capital Insurance
For the exporter
- Financing the production period of an export operation spanning several months
- Carry out your export contract while preserving your company's cash flow
- Make up for insufficient deposit
- Facilitate the establishment of an export pre-financing credit
- Win markets and develop export turnover
- Benefit from the absence of application and/or study fees charged by Bpifrance Assurance Export
- Obtain an agreement in principle allowing you to approach banking partners
For the insured banking institution
- Obtain coverage of up to 80% in the event of default or insolvency of the exporter
- Manage commitments flexibly (choice of coverage rate and pricing)
- Increase commitments to an exporter while limiting risks
- Benefit from pay-as-you-go pricing (no billing if the line is not used)
Our Working Capital Insurance solution
The essentials to know
Facilitate obtaining credit by insuring the lending institution against the risk of financial failure (default or insolvency) of the exporter.
Insured portion:
- 80% for companies with a turnover of < €300 million
- 50% for other companies
Eligible insured persons
- Bank established in France and/or in the European Economic Area
- Foreign bank subsidiary located in France and/or in the European Economic Area
- Branch of a third-country credit institution based in France and benefiting from ACPR approval
Eligibility conditions for Export Pre-financing Insurance
- All sectors of activity except trading and oil and gas sector
- Credit in Euro
- All countries except banned countries et countries excluded under the Export Financing Policy
- Share or added value achieved by the French company requesting Export Pre-financing Insurance ≥ 20%
- Minimum pre-financing credit amount > €50K
- The duration of the credit cannot exceed the duration of the contract execution.
- The payment terms granted must respect the maximum limit of 90 days
They benefited from our offer
BRIDGE
Cyrille
Cyrille
SPOOLEX GROUP
Director General
The Export Pre-Financing insurance helped reassure our clients and bankers, and enable us to launch this type of large-scale project, which represents more than a year's revenue for us. The support of Bpifrance Export Insurance and the DG Trésor is essential for large-scale projects when you're an SME. The local Bpifrance teams were exceptionally responsive.
HUYSKAMP
Eric
Eric
BOE MEDICAL
Export Director
Thank you to the Bpifrance teams! Export Pre-Financing Insurance allowed us to secure our project and find the best banking partner to finance our cash flow needs during engineering, manufacturing, and the installation of surgical operating rooms and intensive care units.
Find all the related documentation
Formulaire de demande d'agrément Assurance Préfinancement Export
06/06/25 - 219,23 KB
Tableau prévisionnel de trésorerie Assurance Préfinancement Export
08/06/25 - 1,03 MB
Want to know more ?
Test the eligibility of your project or request to be contacted by an international business manager
Application for Export Pre-Financing Insurance
Submit a request for pre-financing funding
Make an applicationExport Pre-Financing Insurance FAQ
A study is first conducted with the company on its export projects and its financial situation. At the end of this study, the exporter receives an agreement in principle from Bpifrance Assurance Export indicating the conditions under which Export Pre-financing Insurance can be set up. Thanks to this document, the exporter can negotiate with its banking partners the conditions for setting up the pre-financing credit it needs. It designates the bank of its choice by initiating the approval request.
It is up to the lending bank to request the implementation of Export Pre-financing Insurance. It must send the Guarantee-Pre-financing department the Approval Request form, signed by itself (the lending bank) and the beneficiary of the credit (the exporter). There are prerequisites: The lending bank must have signed the framework agreement with Bpifrance Assurance Export. The exporter must have received an agreement in principle or envelope for Export Pre-financing Insurance requested from Bpifrance online Client. The cash flow forecast justifying the pre-financing credit must be attached to the request.
They are calculated on the basis of the cash flow forecast established by the exporter: the duration will correspond to the months during which the cash flow required to execute the contract will show a negative balance and the maximum amount will correspond to the peak requirement. The bank must ensure that the amounts made available to the company will be in strict compliance with the needs of the cash flow forecast (initial or updated).
Yes, based on the explanations provided by the exporter, the credit can be extended in the event of a delay in its execution. The insured bank must submit any extension request accompanied by an updated cash flow forecast before the credit expires.
The insured bank has the option of taking into account all changes that may occur during the execution of the contract, provided that they do not result in an extension of the credit term or an exceeding of the peak cash requirement. The bank will have to collect an updated cash flow forecast for each change, with the funds made available always having to be in line with the cash flow forecast at its disposal.
Yes, the insured bank can request the closure of the approval before the loan expires via its Bpifrance Online Partner access. It can also inform Bpifrance Assurance Export of an early repayment of the loan by sending an email to: assurance-export-prefi@bpifrance.fr