Financial solutions for new commercial vehicles
Finance the acquisition of your new commercial vehicles with a suppliers credit. GTE Finance offers an, independent, smarter way to acquire the heavy-duty vehicles for your projects. We specialize in offering suppliers credit for new trucks and 4x4s to finance your fleet.
GTE Finance B.V. is able to offer suppliers credit, based on the following indicative terms.
Purpose:
Lender:
Down payment:
Loan amount:
Currency:
Loan duration:
Repayments:
Export Credit
Insurance:
Financing of trucks, 4x4's and/or other equipment.
GTE Finance B.V. or GTE Mobility GmbH
Minimum 15% of contract value
Maximum 85% of contract value (minimum EUR 500,000)
EUR only
2-5 years (full pay-out, to zero)
Linear repayment schedule
Lender will apply for an export credit insurance with an Export Credit Agency
Sustainable Development GOALS
GTE Capital adheres to responsible business and investment principles,
using the UN Sustainable Development Goals as guideline.
Underwriting process
for credit insurance
How does it work?
- GTE Finance and the buyer plan to sign / have signed a commercial contract
- We perform KYC and financial checks
- GTE Finance applies for an export credit insurance
- The down payment is being paid
- The insurance policy is issued, the suppliers credit is signed and the commercial vehicles are being shipped.
INTERNATIONAL
RULES AND REGULATIONS
INTERNATIONAL GUIDELINES
We work on the basis of the OECD Arrangement on Officially Supported Export Credits.
COMPLIANCE
We comply with European policies against bribery, money laundering, financing of terrorism and corruption.
ENVIRONMENTAL AND SOCIAL COMMITMENTS
We ensure that environmental, social and climate impacts meet the eligibility criteria.
GENERAL PRINCIPLES
OF EXPORT CREDIT INSURANCE
LOCAL CONTENT RULES
Exports need to comply with the minimum local content requirements, which differ per exporting country.
COUNTRY RISK
Country risk, classified 0 to 7 (political risk), as per OECD country risk classification, impacts the risk appetite and interest rate.