UK Export Finance

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UK Export Finance is the world's first export credit agency, supporting UK businesses in winning contracts, fulfilling orders, and getting paid for their exports. They offer a range of financial products to assist in all sectors, including insurance, buyer finance, and guarantees. With a mission to advance prosperity by ensuring no viable UK export fails due to lack of finance or insurance, they have provided billions in finance and supported thousands of jobs. Explore their products and services to grow your export business successfully.


Uploaded on Mar 19, 2024 | 1 Views


UK Export Finance

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  1. UK Export Finance Win contracts. Fulfil orders. Get paid. Daniel McPartlan Export Finance Manager | North Yorkshire, Humberside, Teesside & Northern Ireland

  2. Mission To advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.

  3. About UK Export Finance The world s first export credit agency, established in 1919 Work with Department for Business and Trade, His Majesty s Treasury and over 70 private lenders and credit insurers Complement, not compete with the private sector We support UK businesses that export our tried and tested product range includes: Export insurance policies Buyer finance Working capital products Ranked #1 in the world for sustainable finance by TXF

  4. All sectors; goods, services and intangibles Support SMEs and large corporations Support exports to 200+ countries 60+ local currencies

  5. In 2022-23: Provided 6.5bn in finance for UK exports 84% of businesses supported were SMEs Supported an estimated 55,000 UK jobs

  6. Our products Insurance Buyer Finance Exporter Guarantees Win contracts: attractive financing terms for overseas buyers of UK goods and services can help exporters make their offering more competitive Fulfil orders: help companies access the support they need to fulfil a contract, giving them the confidence to take on more contracts and increase their turnover Get paid: help companies manage risks in challenging markets, ensuring that they get paid even where the private market is not able to offer insurance Bond Support Scheme Export Working Capital Scheme General Export Facility Export Development Guarantee Supply Chain Discount Guarantee Buyer Credit Facility Direct Lending Lines of Credit Standard Buyer Loan Guarantee Bills and Notes Guarantee Bond Insurance Policy Export Insurance Policy Overseas Investment Insurance

  7. Standard Buyer Loan Guarantee Provides a guarantee to a bank making a loan to an overseas buyer to finance the purchase of UK goods and services. Similar to UKEF s Buyer Credit Facility albeit targeted towards lower value transactions. Covers up to 85% of contract value Transactions typically valued below 30m Repayment under the facility is typically 2 to 5 years Exporter is paid as though it has a cash contract Buyer can access extended repayment terms Apply by contacting UKEF

  8. Business issued: Q4, 2022-23 Case study: BOBST Manchester Opportunity Aegios Polyfilms wanted to increase their production of polyester film for use in food packaging. To do this, they needed equipment for a new facility in Kashmir, India. BOBST makes machinery which applies metal coatings to film packaging: a crucial part of the production process. Outcome UK REGION: Manchester DESTINATION MARKET: Jammu & Kashmir, India SECTOR: Manufacturing / Food & Drink PRODUCT: Standard Buyer Loan Guarantee UKEF s 1.97m Standard Buyer Loan Guarantee to Aegios allowed BOBST Manchester to win a contract for export of a vacuum metalliser . Using this machine, Aegios will be able to produce around 139 tonnes of packaging a day at its new facility.

  9. Export Working Capital Scheme Provides a guarantee on a bank loan allowing the unlocking of working capital to cover the cost of delivering the contract. Guarantees up to 80% of the lender s risk Useful in circumstances where an exporter: Wins a higher value contract than normal Needs to finance additional contracts Accessed through participating banks

  10. Bond Support Scheme Partial guarantees to banks for exporter contract bond requirements, freeing up exporter working capital. Guarantees up to 80% of the bond value No maximum or minimum term Often reduces the size of deposit needed to secure the bond Bonds supported include bid, advance payment, performance, retention and warranty bonds Accessed through participating banks

  11. Business issued: Q2, 2022-23 Case study: Cambridge Vacuum Engineering Opportunity CVE invested in the development of new small modular reactors, to be used in zero-carbon projects in the offshore wind and nuclear industries this put pressure on their exporting business their new welding technology helps reduce the fabrication time and cost of wind turbine foundations by up to 25% Outcome UK REGION: Cambridgeshire DESTINATION MARKET: Multiple SECTOR: Engineering, clean energy PRODUCT: Bond Support Scheme our Bond Support Scheme helped to free up working capital so that CVE could continue to take on new export contracts

  12. General Export Facility Provides partial guarantees to banks to help UK exporters gain access to trade finance facilities. Can support bank facilities valued below 25 million Does not need to be linked to a specific export contract Guarantees up to 80% of the lender s risk Maximum repayment terms of up to 5 years Accessed directly through participating banks

  13. Business issued: Q1, 2023-24 Case study: AceOn Opportunity AceOn, a Telford-based battery and renewable energy specialist, look to secure new contracts in overseas markets. Outcome A 300k General Export Facility enabled the company to win new contracts with Portuguese firm Meterboost, a manufacturer of solar energy and energy storage technology. UK REGION: Shropshire DESTINATION MARKET: Portugal SECTOR: Battery and renewable energy PRODUCT: General Export Facility AceOn will supply batteries for the Portuguese firm s off-grid battery energy storage systems (BESS) for residential and commercial use.

  14. Export Insurance Policy Cover against non-payment by the buyer, and against not being able to recover costs of performing a contract because of certain events causing its termination. Covers up to 95% of the contract value Cover against: Insolvency of the buyer Buyer s failure to pay Political or economic events outside the UK Apply by contacting UKEF directly or through a broker

  15. Export Finance Manager Network London (North East) Jonathan Dowell Northern England, Scotland and Northern Ireland Regional Head for Export Finance Managers Robin Priestley London (City and East) Colin Hawes North East Senior Export Finance Manager Patrick Kendell Essex, Norfolk and Suffolk Richard Hill North West (North) Malcolm Woodall Kent, East Sussex and West Sussex Lisa Maddison-Brown North West (South) Kevin Ledwith Surrey, Hampshire and Isle of Wight Richard Armstrong Teeside, North Yorkshire and Humberside Dan McPartlan Berkshire Fiona Begley South Yorkshire Manuel Fantin West Yorkshire Alissia Deane Scotland (R&CG plus Aberdeenshire, Highland and Islands and Western Scotland) Lara McGrath Midlands, Wales and South West Regional Head for Export Finance Managers Marie Hall Scotland (All areas except Aberdeenshire, Highland and Islands and Western Scotland) Carol Harvey Black Country, Staffordshire and Shropshire Anne Lockett Northern Ireland Elizabeth McCrory Derbyshire, Nottinghamshire, Lincolnshire and Rutland Paul Tandy Bedfordshire, Cambridgeshire, Northamptonshire Jo Archer London and South East Birmingham Coventry and Warwickshire, Leicestershire Mark Lynam Regional Head for Export Finance Managers Jane Cooper Wales and Herefordshire Steve Wilson Hertfordshire and Buckinghamshire Craig Green Bristol, Gloucestershire, North Wiltshire, Worcestershire and Oxfordshire Hugh Francis London (Central and West) Hitesh Patel Somerset, Devon, Cornwall, Dorset and South Wiltshire Tim Burden

  16. Daniel McPartlan | Export Finance Manager North Yorkshire, Humberside, Teesside & Northern Ireland M. +44 (0)7909978622| Daniel.McPartlan@ukexportfinance.gov.uk Thank you.

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