News article
Government Launches General Export Facility for Small Businesses
07/12/2020
This guarantee scheme will free up funds for UK firms to cover the costs of international trade, supporting jobs and livelihoods across the country.
The General Export Facility (GEF) has been launched by UK Export Finance (UKEF) in partnership with commercial banks. The scheme will offer exporters access to working capital they need to recover from coronavirus (COVID-19). The aim is to transform UKEF’s offer to smaller businesses, encouraging them to export and take advantage of new free trade agreements.