In the news published today in the Financial Times newspaper, it was announced that a program will be initiated to offer state-guaranteed loans to overseas British buyers in order to increase trade after Brexit.
In a statement made by the government’s export credit guarantee department, UK Export Finance; It has been announced that a program will be launched to help importers of goods and services from the UK provide the financing they need to purchase British products, and within the scope of the program, banks will be able to lend up to £ 30 million with state repayment guarantees to companies purchasing goods from the UK.
The officials state that the program will create new business opportunities for small British firms seeking export contracts with overseas buyers.
Source: https://www.ft.com/content/e890b877-e75b-4e54-a066-b6d7b3dc59e5?shareType=nongift