UK Export Finance (UKEF)
UK Export Finance is the UK’s export credit agency, providing insurance to exporters and guarantees to banks to share the risks of providing export finance. In addition, UKEF can make loans to overseas buyers of goods and services from the UK.
UK Export Finance:
- insure UK exporters against non-payment by their overseas buyers
- help overseas buyers to purchase goods and services from UK exporters by guaranteeing or funding bank loans to finance the purchases
- share credit risks with banks to help exporters raise tender and contract bonds, in accessing pre- and post-shipment working capital finance and in securing confirmations of letters of credit
- insure UK investors in overseas markets against political risks