Shopping Line Guarantee
To include several contracts from French exporters in the same line of credit with a foreign counterparty and to facilitate financing for a foreign borrower or buyer who wishes to source goods in France.
Our Shopping Line Guarantee Solution
The essentials to know
The Shopping Line Guarantee finances a group of commercial contracts concluded by several French exporters with the same foreign counterparty or borrower. It offers more flexible financing access for foreign buyers or borrowers wishing to source goods in France.
While the primary objective of the Shopping Line Guarantee is to support a flow of new export contracts, it can also include the refinancing of prior expenditures, including those incurred before its implementation. This solution is open to all sectors, except hydrocarbons and greenfield nuclear.
The Shopping Line Guarantee:
- It enhances the international appeal of French products and services.
- Facilitates the financing of multi-sector projects for foreign buyers,
- Encourages the conclusion of a flow of new French commercial contracts.
Each line of credit is tailored to the specific needs of the foreign counterparty. An indicative list of French contracts and/or suppliers is requested beforehand to demonstrate a genuine intention or existing supply chain in France.
Eligible insured persons
Credit institutions and financing companies
Borrower
Public, Sovereign, Private or Financial Institution
Shopping Line Guarantee Terms and Conditions
The guarantee covers the lending institution against the risk of non-payment of repayment installments by the foreign borrower.
The line of credit must include several French exporters and finance several operations, whether or not associated with a specific project.
French part
The French share is calculated on the aggregate amount of the line of credit.
Credit line
No minimum or maximum size restrictions are imposed for the line of credit.
Up to 20% of the credit line amount can be allocated to refinancing existing contracts (up to 24 months retroactively).
Financial conditions
Depending on the characteristics of the transaction, the guaranteed amount can reach 80% or 95%.
The insured must retain at least 5% of the non-guaranteed amount.
Currencies
Financing in Euro, US Dollar and other strong currencies.
Guaranteed plate
Principal amount and interest of the loan including interim interest and the premium if capitalized.
Shopping Line Warranty Claim
Any entity, French or foreign, can contact Bpifrance Assurance Export to request a Shopping Line Guarantee when it identifies a foreign counterparty with which a flow of business exists or is identified.
Based on an established list of recurring or future contracts with French suppliers, Bpifrance Assurance Export builds the credit line with the applicant and offers tailor-made coverage conditions, adapted to the nature of the goods and the projects envisaged.