Export Working Capital Scheme

Our Export Working Capital Scheme helps UK exporters access working capital finance for specific export-related contracts.

We can provide partial guarantees covering up to 80% of the risk to lenders to cover the credit risks associated with export working capital facilities both pre- and post-shipment.

There is no minimum or maximum value for the working capital facility.

How it works

Export Working Capital Scheme

Benefits

The scheme is particularly useful when a UK exporter wins an overseas contract that is higher in value than they can typically fulfil or succeeds in winning more overseas contracts than it has done before.

The lender is protected, to the extent of our guarantee, against the failure of the UK exporter to repay amounts due under the working capital facility.

Eligibility criteria

To be eligible for support under our Export Working Capital Scheme, the transaction must satisfy UKEF’s eligibility criteria, which includes the requirements that:

• the exporter must be carrying on business in the UK, Isle of Man or Channel Islands
• the exporter must have entered, or be intending to enter, into a contract for the supply of goods and/or services with a company or other organisation that carries on business outside the UK

All transactions supported by UKEF must satisfy:

• our foreign content policy
• our anti-bribery and corruption and environmental, social and human rights due diligence processes

The transaction may not be supported if there are sanctions imposed on the country of the overseas customer.

How to apply

To access Export Working Capital Support, exporters should discuss their potential application with their bank.

Exporters who bank with one of the names listed below may be able to benefit from a streamlined process. There is no need to fill in any of the forms on this page.

Contact details for approved lenders

Access our Export Working Capital Scheme directly through your bank

You do not need to complete the forms on this page if you bank with:

Application forms

If accessing our Export Working Capital Scheme through another approved lender use the following forms:

• a single export contract: standalone guarantee application form (PDF, 1.2 MB)
• a contract for a direct supplier to an exporter: UK supplier standalone guarantee application form (PDF, 417 KB)
• our exporter questionnaire (PDF, 737 KB)

More information

• Read our guide for applicants on business processes and factors, to find out how we make decisions on applications
• Read our position on Financial Crime Compliance