We provide trade finance and insurance solutions to support UK exporters
If you are planning to export goods or services from the UK then it is likely you’ll need some form of credit guarantee or insurance to protect you against non-payment or other financial issues.
If you can’t get what you need from the private market, UK Export Finance (UKEF) may be able to help. We provide guarantees, insurance and advice in support of UK exports large and small. Working across a wide range of sectors, UKEF can consider support for exports to over 200 countries.
We have our own risk assessment framework and our work is focused on helping UK exporters maximise the opportunity to do more business overseas.
Access a step-by-step toolkit for:
Want to find out how others have benefited? Read our case studies
Confused about government schemes to help exporters? Watch our signposting video
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Our services include:
Export Insurance Policy An insurance policy for a UK exporter that covers them against non-payment of an export contract. The policy covers costs incurred should your customer become insolvent before the goods are delivered or if they fail to pay due to specified political, economic or administrative events.
Bond Support Scheme A guarantee provided to a bank, so the bank can help you to arrange the issue of a bond to an overseas customer, potentially improving your cash flow. It covers most types of contract bond.
Bond Insurance Policy An insurance policy provided direct to a UK exporter to protect against a demand for payment under a bond which is unfair or caused by political events.
Export Working Capital Scheme A guarantee provided to a bank, so the bank can help you to finance the working capital you might need to deliver an export contract.
Letter of Credit Guarantee Scheme A guarantee to a bank which enables a UK bank to confirm a letter of credit – one of the safest ways to ensure that you receive payment.
Medium term products (designed for larger contracts involving the supply of capital equipment)
Buyer Credit Facilities (typically for export contracts over £5 million) and Supplier Credit Facilities A guarantee provided to a bank that enables it to make a loan to the overseas buyer of a UK export which is repayable over two years or more. The UK exporter is paid out of the loan for amounts payable under the export contract when due. This assures the exporter of receiving payment. In some circumstances a Buyer Credit loan might be supported by the Export Refinancing Facility
Direct Lending Facility A new product that will see UKEF provide buyer credit loans directly to overseas buyers in order for them to purchase UK exports.
See the full list of products and services
Discuss your circumstances with an Export Finance Adviser in your region or call our customer helpline on 020 7271 8010
- Promotional material
Published: 25 October 2013
From: UK Export Finance