UK Export Finance (UKEF)

United Kingdom

About UK Export Finance (UKEF)

UKEF is the UK’s export credit agency and a government department, reporting into the Secretary of State for International Trade and is strategically and operationally aligned with the Department for International Trade. 
Founded in 1919 as the world’s first export credit agency, we have been innovating since day one, and now have over 100 years’ track record supporting UK exports.

UKEF’s mission is to “advance prosperity by ensuring no viable UK export fails for lack of finance and insurance, doing that sustainably and at no net cost to the taxpayer”, and to do so we provide loans, guarantees and insurance to help UK companies win overseas sales, fulfil export contracts, and make sure that they get paid. We exist to complement, not compete with the private sector, and work with over 100 private credit insurers and lenders. 

In 2021-22, 545 companies were able to export with our support, with many more companies in supply chains indirectly benefiting from UKEF support. In an annual record, 81% of the companies we provided with finance and insurance were small to medium enterprises. In total we provided £7.4 billion worth of support for exports to nearly 100 countries. 



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