Import Finance
We can provide short-term finance linked to your trading cycle to enable you to pay your suppliers promptly but allowing time for you to re-sell the stock or undertake any capital expenditure required.
ECGD Bond Support Scheme
Introduced early 2011, the Bond Support Scheme provides partial guarantees to participating banks under a master bond support agreement in respect of UK exports. Where a bank issues a contract bond (or procures its issue by an overseas bank) in respect of a UK export contract, ECGD will typically guarantee 50% of the value of the bond and up to 80% for advance payment and progress payment bonds. Please see our dedicated factsheet for full details of the scheme. Further information can also be found on the UK Export Finance website.
ECGD Export Working Capital Scheme
The Export Working Capital Scheme has been designed to assist UK exporters to grow by gaining access to working capital finance (both pre and post-shipment) in respect of specific export contracts. The scheme is intended to help businesses that win new contracts overseas, in particular those of a higher value than usual to that business ad the types of transaction supported under the scheme are likely to be structured working capital facilities. Please see or in-depth factsheet for full details of the scheme. Further information can also be found on the UK Export Finance website.
Export Enterprise Finance Guarantee Scheme
ExEFG is a Government Guarantee scheme supporting export transactions, it is aimed specifically at small and medium sized exporters that turn over less than £25million that require an export finance facility, but have insufficient security available to secure the borrowing facility (under the Lender’s normal credit criteria). ExEFG provides a 60% government‐backed guarantee on any supported facility ExEFG covers traditional trade instruments and facilities such as Lines of trade credit, including pre and post finance, Bonds and guarantees and Invoice financing.