This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The new additions to UKEF’s team will provide businesses that export, or want to export, with local access to specialist information on solving the financial challenges involved in selling overseas, including issues such as obtaining credit insurance to protect their business while they take advantage of international sales opportunities. Export finance advisers are also the primary point of contact for exporters seeking to access UKEF’s range of government -backed guarantees and insurance products.
Joining UKEF’s team are six export finance advisers, together with an additional three advisers who will specialise in providing information to medium-sized businesses (MSBs). Team members all combine their understanding of local businesses with specialist knowledge of the financial challenges facing UK exporters. The new recruits bring the number of UKEF advisers to 23 of the planned expansion to 24 embarked upon earlier in the year. They are:
Commenting on the expansion of its regional network, UKEF’s Paul Croucher, said:
We support businesses of all sizes and supplement the financial support available to exporters from the commercial sector. Having that specialist understanding locally based, where growing businesses can quickly access it is what can help make exports happen.
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Notes for Editors
UK Export Finance – https://www.gov.uk/government/organisations/uk-export-finance – is the UK’s export credit agency. It supports long term economic growth and competitiveness by complementing the private market with insurance for exporters, loan guarantees to banks, and support for and provision of loans to overseas buyers of UK goods and services.
Sectors in which UKEF has supported exports include: aerospace, petrochemicals, construction, oil and gas, mining and metals, telecommunications, and transport.
UKEF has a regional network of Export Finance Advisers supporting export businesses: https://www.gov.uk/government/publications/uk-regional-export-finance-advisors
UKEF supports exporters with a range of products that include:
Bond insurance policy
Bond support scheme
Buyer & supplier credit financing facility
Direct lending facility
Export insurance policy
Export refinancing facility
Export working capital scheme
Letter of credit guarantee scheme
Media enquiries: Julia Beck, Strategic Communications Manager