Optional, favourable government loans from the Norwegian state

Export Credit Norway and GIEK are state-owned companies that together offer government supported, favourable long-term financing to stadiums investing in a StadiaPitch. Export Credit Norway acts as the lender and GIEK as the loan guarantor. Subject to satisfactory credit assessment and due diligence, Export Credit Norway would be pleased to provide loans with competitively priced fixed or variable interest rates, financing 70–85% of the total StadiaPitch contract value with a duration 5–8.5 years.

Terms:

  • 15% of the contractual value upfront
  • Annual down payment of 10% over the next 8,5 years
  • The CIRR interest rate for contracts in EURO is currently 0.6%
  • Likely additional costs: guarantee premiums, transaction & legal fees.