WIREDGOV

Extended short term credit insurance from ECGD available now

Many more British exporters, including many SMEs, are now eligible to apply for short term credit insurance from ECGD, the UK export credit agency.

ECGD's short term insurance has previously only been available for capital exports, making it of interest mainly to large exporters.

In the white paper Trade and Investment for Growth the Government announced that this would be extended to include finished manufactures and intermediate goods. The contract value can be as low as £20,000.

Exporters who want to know more about this new support from ECGD should call the ECGD customer helpline on 020 7512 7887 or look at www.ecgd.gov.uk.

Notes to editors

ECGD, the Export Credits Guarantee Department, is the UK export credit agency. ECGD works with exporters, project sponsors, banks and buyers to help UK exporters by providing insurance against non-payment risks to UK exporters and guarantees for bank loans to facilitate the arranging of finance to buyers of UK goods. It also provides insurance against political risks to UK investors in overseas markets.

Media enquiries to Steve Roberts-Mee.

Contacts:

NDS Enquiries
Phone: For enquiries please contact the issuing dept
ndsenquiries@coi.gsi.gov.uk

Steve Roberts-Mee
Phone: Tel: 020 7512 7319
Mobile: 07990 887852
Steve.Roberts-Mee@ecgd.gsi.gov.uk