Export Credit Agency & CPRI Advisory
Cresco has extensive experience in applying various credit-enhancement mechanisms (e.g. Credit & Political Risk Insurance) as well as making use of specialised finance products (e.g. ECA supported debt) and will consider these as an integral part of the project structuring and funding options. These types of products are extensively used in project finance structures in emerging markets like Africa. Cresco is also able to assist project stakeholders like contractors with the related post-closure compliance support services (e.g. content certification). Cresco since its inception (2005) has provided ECA advisory and support services on the majority of projects who enjoyed funding support under the South African Export Credit Scheme managed by Export Credit Insurance Corporation of South Africa(“ECIC”).