Working capital
Get extra cash via trade finance facilities so you can take on more or larger orders with confidence.
Unlock the cash you need to export
Export activities can put pressure on the working capital needs of your business – you may want to take on a higher value contract than usual or your buyer may require a bond that needs cash collateral.
Through our working capital schemes, we can provide a guarantee to your lender to increase their appetite to provide you with trade finance facilities, including loans. This will give you the cash you need to fulfil your export orders.
These schemes do not need to be tied to a specific export contract, but can be used to invest in export activities:
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- The General Export Facility is our most popular product. Through this scheme, we provide a guarantee to your lender so that you can access trade finance facilities up to £25 million, which you can use for activities related to exporting.
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- The Export Development Guarantee can be used for working capital needs over £25 million. Our guarantee to your lender can help you access loan facilities, which can be used to pay staffing costs, invest in research and development or bid for higher value contracts. It can be used by companies who are not yet exporting from the UK but intend to start.
Intended to support specific export contracts, these schemes can be extended to exporters or to UK companies supplying goods or services within the UK as part of an export-related supply contract. The supply within the UK must be directly to the final exporter.
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- Through the Export Working Capital Scheme, we provide a guarantee to your lender to support working capital facilities linked to specific contracts, increasing the bank’s appetite to provide the finance to you.
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- Through the Bond Support Scheme, we provide a guarantee to your bank to reduce the cash deposit required to secure a contract bond or guarantee.
We can also support supply chain finance facilities extended by commercial lenders:
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- The Supply Chain Discount Guarantee allows you to pay your suppliers faster. Our guarantee to your bank helps you access a supply chain facility, so that your suppliers can draw on it for approved invoices, and you repay the bank at the end of the agreed credit period.
Access trade finance facilities up to £25 million with the General Export Facility.
Increase your bank’s appetite to provide guarantees against contract bonds, reducing the need to tie up cash as security.
Get expert and impartial guidance on your business’s finance needs.