Blog

UK EXIM Ltd backs importers and exporters with finance

Date 22nd December 2016 //
Author David Casey
Trademark, Logo, Symbol
Alternative business funding, traffic light, icon

Find your business
funding

£
Enter a funding amount between £500 and £50,000,000.
Please indicate what you need the funding for.

Trade & Export Finance Ltd (TAEFL) has established a new £1 million fund to help SMEs finance the purchase of goods and materials they require to meet confirmed export orders.

 Reports from the SME community regularly identify this funding gap as the most serious obstacle to fulfilling hard-won orders.

The intention of UK EXIM is to be recognised as the national provider of funding for small and medium sized enterprises which have an order book, yet lack the financial resources to meet that demand.

Far from being a niche marketplace, the total demand for order finance I already large, and continues to grow. There is a large untapped demand for alternative sources of funding, as many SMEs do not attempt to win export orders, simply because they believe that they would not have the financial resources or the support of their bankers to complete them.

UK EXIM has a management team which is experienced in all aspects of the funding process from credit analysis, risk management and compliance to the raising of funds. All have a wide knowledge of funding SME businesses.

No less important is a relationship-focused approach which responds quickly to requests and queries from clients. But the experience and relationships would count for little without UK EXIM’s ability to provide a flexible facility for the client where they can use funding as and when they require it.

The predominant skill which UK EXIM brings to the table is the ability to draw together the elements of a complete financial solution. Depending on what is agreed between the company and individual clients as being the optimal approach in their particular circumstances, we provide finance against orders, funding for imports and exports, stock finance and invoice discounting.

Alternative business funding, traffic light, icon

Find your business
funding

£
Enter a funding amount between £500 and £50,000,000.
Please indicate what you need the funding for.
Related Articles

A milestone passed | Bank Referral Scheme Post Implementation Review

Alternative Business Funding Chairman, Adam Tavener's thoughts on HM Treasury's Bank refer...

LEARN MORE
Person, Electronics, Computer Keyboard, Computer Hardware, Table

Considering taking the plunge and starting a business?

Has Coronavirus made you think about becoming a business owner? ABF Chairman, Adam Tavener...

LEARN MORE
Outdoors, Landscape, Nature, Scenery, Aerial View

Countering currency volatility during the coronavirus

The acceleration of the coronavirus crisis in March led to some dramatic currency movement...

LEARN MORE
Restaurant, Shelf, Cafe, Furniture, Chair

Preserving our enterprise heritage. Now is the time to be bold.

One thing that is certain, in a currently very uncertain world, is that right now small bu...

LEARN MORE