Direct Lending Facility
Provides a direct loan to an overseas buyer to support the purchase of goods, services or intangibles from the UK. Loans can be made for up to £200 million, for a period of two years or longer.
How it works
We provide a direct loan to the overseas buyer through the arranging bank, allowing the buyer to procure goods and services from the UK.
The Direct Lending Facility has an overall limit of £8 billion, with £2 billion allocated to clean growth projects. Loans can be made in eight currencies and are allocated on a first come, first served basis.
For higher value projects, in excess of £50 million, the Direct Lending Facility can be provided alongside commercial finance backed by our Buyer Credit Facility.
To qualify
- At least 20% of the contract value must be UK content and the exporter must be carrying on business in the UK.
- The export contract should have a value of at least £5 million or equivalent in foreign currency.
How to apply
Complete our contact form to discuss an application.