UK Export Finance (UKEF) | Export Credit Agency (ECA) in UK
About UK Export Finance
We are the UK’s export credit agency and a government department, working alongside the Department for International Trade as an integral part of its strategy and operations.
We work with 70 private credit insurers and lenders to help UK companies access export finance (the particular class of loans, insurance policies or bank guarantees that enable international trade to take place as easily and securely as possible). We exist to complement not compete with the private sector.
We help UK companies to:
- Win export contracts by providing attractive financing terms to their buyers
- Fulfil contracts by supporting working capital loans
- Get paid by insuring against buyer default
We can support exports for any size of company and across all sectors, from capital goods to services and intangibles such as intellectual property.
A summary of UK Export Finance
When it comes to exporting having a great product or service is only half the story. Putting the right finance and insurance in place can make the difference, helping you win contracts, fulfil orders and get paid.
See if we can help you gain the Exporters’ Edge here.
As the UK’s export credit agency, working alongside the Department for International Trade, our involvement can help transform your business.
In the last five years, we’ve provided £14 billion of support for UK exporters, regularly working in partnership with banks and insurance brokers to help realise business ambitions.
UK Export Finance – Benefits of using an ECA in UK
- Regulated by the Financial Conduct Authority
- Regulated as a Money Services Business
- Member of FinTechCity’s FinTech50 2015
Products and services offered by UK Export Finance
Our mission is to ensure no viable UK export fails for lack of finance or insurance while operating at no net cost to the taxpayer.
- Export Insurance Policy
- Bond Support Scheme
- Bond Insurance policy
UK Export Finance was first introduced in an attempt to promote the UK’s exporting presence in the globe after the effects of WWI.
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
Are you an exporter based in United Kingdom?
See our TFG UK Export guide here .
Explore Export Credit Agencies around the world with our ECA finder