How UK Export Finance can help your business become an exporting success

By UK Export Finance
schedule11th Jan 16

Exporting can create exciting new opportunities leading to growth and improved profitability for your business. However, there can be financial challenges to overcome and UK Export Finance, through its network of 24 Export Finance Advisers based regionally throughout the UK, aim to provide free and impartial guidance to help your company find the right solution.

 Are you able to obtain sufficient working capital finance to fulfil an export contract?

We offer, in conjunction with your Bank, an Export Working Capital Scheme and a Bond Support Scheme, both of which are designed to help you access increased working capital. We do this by providing a guarantee to your bank to enable them to provide sufficient financing or to issue a guarantee in respect of a bond requirement, to enable you to complete your export contract. This is provided at no extra cost for your business as we share the banks fees.

 Are you concerned about the risk of not getting paid by your overseas buyer?

In certain circumstances we can provide an export insurance policy that covers you against not being paid under your export contract. The policy covers costs incurred should the export contract be terminated because your buyer defaults before the goods are delivered or if they fail to pay due to insolvency or due to an unforeseen political event such as war. An insurance premium would be payable (minimum £250).

Book a free consultation with our Export Finance Advisers

Jane Cooper and Anne Lockett are the Export Finance Advisers for the West Midlands. To find out more please contact them and arrange an appointment.  They will be happy to meet you and discuss your requirements. 

Find out more about the support we can offer and read more case studies showcasing real-life examples of our work. 

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