NewsCase StudiesEvents

Local Currency Financing: eligible currencies

Also in the news...

Strategic Locations For Business Travellers In London

London, a bustling hub of commerce and culture, is an essential destination for business travellers. Whether attending meetings, conferences, or networking events, the city's diverse neighbourhoods offer various amenities to suit the needs of the professional on the move. From convenient transport links to luxurious accommodations, knowing where to base yourself can significantly enhance your business trip experience.

Business Expansion in the UAE: Mastering the Free Zone Advantage

The UAE has become the number one destination for international business activity. More precisely, free zones have been wooing investors from every nook and corner of the globe by offering unbeatable incentives, most notably complete foreign ownership and tax exemption.

Ukraine business guide: helping UK businesses trade with Ukraine

This guide provides UK businesses the core information necessary to understand the challenges and opportunities of trading in Ukraine.

Trade with Canada Guidance

How you import from and export to Canada.

Guidance Living in France

Information for British citizens moving to or living in France, including guidance on residency, healthcare and driving.

Local Currency Financing: eligible currencies

Back to News

UKEF can guarantee a buyer credit loan to an overseas borrower in local currency, financing the purchase of capital goods, services and/or intangibles from a UK exporter.

Details

Loans can be made in over 60 currencies . For the overseas borrower (and buyer) it reduces foreign currency risk and avoids a variable debt service cost.

A buyer credit in local currency follows the same format as a conventional buyer credit in a standard currency such as sterling, euros or US dollars except that it is funded from a bank in the buyer’s country.

Local Currency Financing is particularly suited to projects that do not usually generate foreign currency revenue, such as water/gas/electricity utilities, local transport and local municipalities.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.