UK Export Finance is the UK’s official export credit agency. It provides services such as:
insuring UK exporters against non-payment by their overseas buyers;
helping overseas buyers to purchase goods and/or services from UK exporters by guaranteeing bank loans to finance those purchases;
sharing credit risks with banks in order to assist exporters in the raising of tender and contract bonds, in accessing pre- and post-shipment working capital finance and in securing confirmations of letters of credit; and
insuring UK investors in overseas markets against political risks.
Direct Lending Scheme
The Direct Lending Scheme has been developed by UK Export Finance, the Government’s export credit agency. It will support exports where buyers need loans of up to £50 million to finance the purchase of capital and semi-capital goods and services from UK exporters, but have been unsuccessful in obtaining an export credit loan from the banks.