If you want to go global and need to secure the right financial support, UK Export Finance (UKEF) can help. We are a government department which helps exporters: -
- Win export contracts by providing attractive financing terms for your overseas buyers.
- Fulfil export contracts by working with banks and lenders to help secure new or additional funding.
- Get paid by insuring against the risk of your buyer failing to pay, for example through insolvency.
That is why we are now a member of the Coventry & Warwickshire Chamber of Commerce – to make sure that businesses with a viable export can secure the right kind of financing to meet its ambitions.
International corporates, independent businesses, micro-enterprises – whatever your niche in the regional business ecosystem, please talk to us.
Our General Export Facility helped UK businesses access around £325 million in financing last year. The facility is flexible, meaning that as long as the company is eligible as an exporter, funds are not tied to specific contracts - UK Export Finance support for Ward Recycling - Case Study
Guarantees aside, we also provide Export Insurance which can cover up to 95% of potential losses under an export contract if you cannot get private sector insurance, with no minimum contract size. And last but not least – if you’re also looking to win new contracts, we could also help overseas buyers access attractive financing options which seal the deal.
As one of UKEF’s regional representatives, I can help you understand your options for export financing. I am locally based and had an extensive banking career incorporating Trade finance. You can contact me at [email protected] or over the phone at +44 (0)7557 472236 to set up a free, impartial and confidential discussion. Finance and insurance do not need to be the barrier to your exporting ambitions.
In next month’s newsletter, I am going to bring this to life with a real example of how we have helped a Coventry based company secure new contracts overseas.
The UK Export Finance Product Brochure contains a more detailed overview of the products that UKEF offers.
