Export Credit Agencies (ECA)

Export Credit Agencies (ECAs) are government-backed organizations that provide financial support, such as insurance or loans, to companies involved in exporting goods and services. Their goal is to help domestic exporters access international markets by reducing risks like non-payment by foreign buyers or political instability. ECAs make it easier for companies to compete globally by offering financial security and more favorable financing terms. They serve as a bridge between exporters and foreign markets, promoting economic growth and international trade while managing potential risks associated with cross-border transactions.