Export Working Capital Scheme

A scheme introduced to assist UK exporters gain access to working capital finance (both pre- and post-shipment) in respect of specific export contracts. Under the scheme, UK Export Finance will provide partial guarantees to banks to cover the credit risks associated with approved export working capital facilities. Where a bank provides such a facility in respect of a UK export contract, UK Export Finance can typically guarantee 50% of the risk.

There is no maximum value for the working capital facility.

The facility must have a maximum term of less than two years. There is no minimum term.