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An increasing number of UK manufacturing and industrial companies including Rolls-Royce and the UK's two largest airlines have recently turned to UK Export Finance (UKEF), the UK government’s export credit agency for trade finance and insurance, to provide guarantees to assist with accessing commercial loans.
In this article, Jhanavi Ramachandran, Rex Rosales and Robert Moore look at the Export Development Guarantee (EDG) scheme. For those UK companies which meet the necessary export criteria, the EDG provides a welcome new avenue to strengthen balance sheets and access liquidity.
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