Cleaning products manufacturer, Bioguard Hygiene, won an export order worth £90,000 with a large pharmacy chain in the Middle East. Having to finance production on a larger scale without the security of advance payments led the company to seek extra financial protection should anything go wrong.
Bioguard contacted their local UKEF export finance manager, who worked with them to develop a bespoke export insurance policy. Export credit insurance protects exporters against the risk of non-payment by an overseas buyer. Our tailored policy allowed Bioguard to take on the export order with confidence.
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