Export Payment Guarantee Scheme

Export Payment Guarantee Scheme

Author
Discussion

DSLiverpool

Original Poster:

14,764 posts

203 months

Monday 28th July 2014
quotequote all
Years ago in another life we used this service to guarantee iirc 75% of the invoice for exported goods, does anything exist these days - a google search didn't help.

DSLiverpool

Original Poster:

14,764 posts

203 months

Monday 28th July 2014
quotequote all
marshalla said:
Is https://www.gov.uk/export-finance-and-insurance-an... what you're looking for ? They offer an insurance scheme, and loans to purchasers.
That's the one - cant understand why I couldn't find it - thanks

DSLiverpool

Original Poster:

14,764 posts

203 months

Monday 28th July 2014
quotequote all
nick s said:
Letter of Credit? I draft these up all the time for goods I export to South America. Guarantees payment for the freight from the issuers bank.

http://banking.about.com/od/businessbanking/a/lett...
Not really, its giving them account facilities and reducing my risk.