UK Export Finance (UKEF) has announced new measures to support small businesses across the UK in expanding their global trade operations, delivering on key commitments set out in the government’s new Trade Strategy.
As the government’s export credit agency, UKEF is enhancing its suite of trade finance and insurance products to make international trade more accessible, efficient and secure – particularly for smaller businesses.
Among the key announcements today:
• The Small Exporter Builder: A new export insurance option designed specifically to help smaller firms manage risk when trading overseas, offering financial protection and confidence in uncertain markets.
• Repeat Order Guarantee: This streamlined product allows international buyers to place repeat orders with trusted UK suppliers without needing to go through the full application process each time. By cutting red tape and providing greater certainty, the move aims to improve cash flow, boost supplier planning, and strengthen UK-based supply chains.
The initiatives come as part of a wider push by the Department for Business and Trade to simplify trade for UK companies, particularly in the high-growth sectors identified in the government’s Plan for Change.
Trade Minister Douglas Alexander said: “This new, hard-headed, data-driven and agile trade approach reflects our pragmatic patriotism. In a changed and challenging world, we must promote what we can and protect what we must to secure Britain’s national interest.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
