You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
UK Export Finance has launched a new product to help support SMEs through challenging market conditions.
The new Bills and Notes product is now open to guarantee payments by overseas buyers. The product will be available to more financial institutions with a simpler, more streamlined process.
Bills and Notes are a standard method of payment where money is due under bills of exchange or promissory notes. UKEF has now improved its offer to enable overseas buyers of UK goods to benefit from extended payment terms structured using these methods.
Simply put, it means that small UK businesses can get paid more quickly and easily for their exports.
See: Bills and Notes Guarantee - GOV.UK (www.gov.uk)
08 Jul 2024
The UK's business groups have pledged to work in partnership with the new Labour government to revitalise the nation's economy.
The UK's tax gap estimate rose to a record to £39.8 billion in 2022/23 as small businesses accounted for almost two thirds of unpaid tax, according to HMRC's data.
Would you like to download our mobile app from the App Store?