{"id":64776,"date":"2015-11-30T13:01:00","date_gmt":"2015-11-30T13:01:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=e26f68731fa15e457d11940da06e33a9"},"modified":"2015-11-30T13:01:00","modified_gmt":"2015-11-30T13:01:00","slug":"news-story-uk-export-finance-advisers-provide-specialist-support-for-mid-sized-businesses","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=64776","title":{"rendered":"News story: UK Export Finance advisers provide specialist support for mid-sized businesses"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Our mid-sized business (<abbr title=\"Mid-sized business\">MSB<\/abbr>) advisers are available to assist all sizes of company above \u00a325 million turnover. We cover all of the UK and work with companies to help them access the export finance or insurance they need, either from UK Export Finance or by helping them to access other support from other organisations. This might be from finance providers, credit insurers, insurance brokers, trade support bodies or other sources of government help. The experience available within our team means our advisers are able to address enquiries covering all sectors and industries.<\/p>\n<div class=\"call-to-action\">\n<p><a href=\"https:\/\/www.gov.uk\/government\/publications\/uk-regional-export-finance-advisors#SMSB\">Book a visit from one of our <abbr title=\"Mid-sized business\">MSB<\/abbr> export finance advisers<\/a><\/p>\n<\/div>\n<figure class=\"image embedded\">\n<div class=\"img\"><img decoding=\"async\" alt=\"[UKEF's MSB advisers](https:\/\/www.gov.uk\/government\/publications\/uk-regional-export-finance-advisors#SMSB)\" src=\"https:\/\/assets.digital.cabinet-office.gov.uk\/government\/uploads\/system\/uploads\/image_data\/file\/47035\/MSB.jpg\"><\/div>\n<\/figure>\n<h2 id=\"specialist-support\">Specialist support<\/h2>\n<p>UK Export Finance is the UK\u2019s export credit agency and a government department. It helps firms of all sizes access the export finance and insurance needed to realise their export ambitions:<\/p>\n<ul>\n<li>release of working capital with <a href=\"https:\/\/www.gov.uk\/guidance\/export-finance-and-insurance-an-overview#bank-products\">bank guarantees for contract bond or credit facilities<\/a>\n<\/li>\n<li>security of payment with <a href=\"https:\/\/www.gov.uk\/guidance\/export-finance-and-insurance-an-overview#insurance\">export credit insurance<\/a>\n<\/li>\n<li>competitive finance for overseas buyers with <a href=\"https:\/\/www.gov.uk\/guidance\/export-finance-and-insurance-an-overview#buyer-products\">buyer credit guarantees or direct loans<\/a>\n<\/li>\n<li><a href=\"https:\/\/www.gov.uk\/government\/publications\/uk-regional-export-finance-advisors\">free and independent guidance on sources of export finance<\/a><\/li>\n<\/ul>\n<p>As companies grow, their financing needs become sophisticated. The support they require will often be<br \/>\nbroader when compared to an SME selling a narrower range of products and services. Companies competing for numerous large contracts are more likely to need performance bonds or advance payment guarantees, especially when the business is with emerging markets. Success winning large contracts may also put strains on working capital. <abbr title=\"UK Export Finance\">UKEF<\/abbr> can support up to 80% of a company\u2019s bonding or working capital credit lines, increasing the capacity available to the company to fulfil export contracts and grow.<\/p>\n<p>Companies with a breadth of international trading are more likely to need export insurance on specific (sometimes substantial) contracts in emerging markets. This might be difficult to secure from a commercial insurer. Companies bidding for significant, capital-intensive export contracts may also want to offer a finance package to buyers to enable them to win contracts in the face of international competition. <abbr title=\"UK Export Finance\">UKEF<\/abbr> has a set of products available, and has expertise at its London Head Office to provide<br \/>\nsuch support.<\/p>\n<p>At present <abbr title=\"UK Export Finance\">UKEF<\/abbr>\u2019s <abbr title=\"Mid-sized business\">MSB<\/abbr> advisers are helping a number of high profile names both in the manufacturing and services sectors. <a href=\"https:\/\/www.gov.uk\/government\/collections\/case-studies-uk-export-finance\">A series of case studies is available.<\/a> From diggers to under-water cabling to education in the Middle East to construction to coaches to aerospace to plane wings to health services, <abbr title=\"UK Export Finance\">UKEF<\/abbr> support makes exports happen.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mid-sized business specialists are the principal UK Export Finance contacts for businesses with turnovers in excess of \u00a325 million.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/64776"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64776"}],"version-history":[{"count":3,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/64776\/revisions"}],"predecessor-version":[{"id":64831,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/64776\/revisions\/64831"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}