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Buyer Credit Facility

Provides a guarantee to a bank making a loan to an overseas buyer so that they can purchase goods, services or intangibles sourced from the UK. Loans can be for a period of two years or longer in more than 60 currencies.

85% guarantee

Provides a guarantee for up to 85% of the contract value

Get paid quickly

You’re paid as soon as the goods have been shipped or the services have been performed

Flexible terms for your buyer

Your buyer can repay the loan over a number of years and can borrow at fixed or floating interest rates

How it works

When completing a large project, such as building a wind farm or upgrading a hospital, a project sponsor may want to source goods or services from the UK.

We can provide a guarantee to a bank making a loan to an overseas buyer, with the provision that they source at least 20% of the contract’s content from the UK. The loan is typically repaid over a period of two years or longer and the buyer can borrow at fixed or floating rates of interest.

We can consider support for corporate, sovereign and public buyers on a range of structures including:

  • limited recourse project finance
  • Public-Private Partnerships (PPPs)
  • Islamic finance (sukuk)
  • lines of credit
  • local currency financing – we can provide loans in over 60 local
    currencies

For projects in excess of £50 million, the Buyer Credit Facility can also be combined with the Direct Lending Facility.

For contracts below £5 million, the Standard Buyer Loan Guarantee may be more suitable.

 

How to apply

Complete our contact form to discuss an application. You can use our Premium Indicator Tool to see an indicative premium rate.