Meet a UK Export Finance Manager
Book a 1:1 meeting on 13 November at Shropshire Chamber of Commerce
How can UK Export Finance help finance your international sales?
When a UK exporter wins a contract to sell overseas, it may find that it needs additional working capital to fulfil the deal.
UK Export Finance (UKEF) is the UK’s export credit agency and its mission is to ensure that no viable UK export fails for lack of finance or insurance from the private sector.
Complementing rather than competing with the private sector, UKEF can help to make exports happen which might otherwise not, helping UK exporters and their supply chains grow their business overseas through offering insurance policies to UK companies selling overseas, loans and guarantees to banks.
Export Working Capital Scheme / Bond Support Scheme
The Export Working Capital and Bond Support schemes are aimed at helping UK companies access working capital to fulfil a specific export contract or a supply contract to a UK-based exporter. UKEF can guarantee up to 80% of the value of a contract or bond, allowing companies to take on more business and win higher value contracts than they would have otherwise been able.
Export Credit Insurance
Export Credit Insurance can also be offered to protect against non-payment by the buyer. This may be a way to protect a payment when supplying a customer in a more challenging part of the world.
Book a meeting:
If you would like to know more about the services UK Export Finance can offer, our local Export Finance Manager, Anne Lockett, will be at Shropshire Chamber of Commerce in Telford on Tuesday 13 November. Please register to select a prefered time and we will get back in touch to confirm your slot.