UK Export Finance (also known as the Export Credits Guarantee Department) is the UK’s official export credit agency.
It helps UK exporters by ‘underwriting’ bank loans offered to overseas buyers of UK products and services. This means it takes on the risk of the loan from the bank, so that the bank is more likely to offer it.
It can also help exporters to:
- raise tender and contract bonds
- access working capital finance
- secure confirmations of letters of credit
Find out more UK Export Finance products and services.
UK Export Finance offers insurance to UK exporters against the risk of non-payment by overseas buyers.
UK Export Finance looks at applications on a case-by-case basis. However, to be eligible:
- you must be in business in the UK
- the buyer must be overseas
Read the guide to export insurance for more information.
Organisations in the private sector also offer export insurance.
Overseas investment insurance
UK Export Finance offers overseas investment insurance to UK companies that invest abroad. This covers your company against loss resulting from some political events (eg war, nationalisation of business contrary to international law) in a country you’ve invested in.
For more information on what’s covered and eligibility, read the guide to overseas investment insurance on the UK Export Finance website.