Financing Your Export Ambitions
One of the most common barriers businesses face when exploring international trade is access to working capital – funding the stock, staffing, or investment needed to fulfil international orders before payment is received.
UK Export Finance (UKEF) is the UK government’s export credit agency, and one of the most powerful and underused resources available to Scottish businesses. In 2024-25 UKEF provided a record £14.5 billion of financial support to UK exporters – and it is actively seeking to support more SMEs.
UKEF can help Angus businesses by:
- Providing a government-backed guarantee to your bank to unlock trade finance and working capital facilities.
- Insuring you against the risk of not being paid by overseas buyers.
- Offering the General Export Facility – a partial guarantee to banks to make trade finance more accessible, with loans now available for up to five years.
- Fast-tracking applications for eligible businesses through its auto-inclusion scheme, meaning you can access credit quickly through your own bank without manual UKEF intervention
UKEF also has a dedicated Export Finance Manager for Scotland with a specialism in renewables – reflecting the growing importance of Scotland’s energy transition exports. Businesses in Angus’s engineering, offshore wind, and food and drink sectors are particularly well-placed to benefit.
The Scottish National Investment Bank (SNIB) provides patient, mission-led investment to Scottish businesses, including those with international growth ambitions.
If your international expansion plans require longer-term capital rather than short-term trade finance, SNIB is worth exploring alongside UKEF and commercial lenders.