UK Export Finance has launched a £5 billion pilot scheme offering flexible loan guarantees to overseas buyers in high-growth markets, designed to increase demand for British goods and services while supporting UK employment. The UK Export Finance (UKEF) pilot product, named Flexible Finance, will make loans available to selected borrowers operating in fast-growing economies including Brazil, Morocco and Mexico. UKEF will guarantee up to 80% of commercial loans worth up to £5 billion in total across the pilot, on terms more flexible than its existing guarantee products. Unlike standard UKEF guarantees, Flexible Finance allows borrowers greater discretion in how they…
