Export Credit Guarantees
(asked on 26th February 2024) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether there are limitations on how Export Development Guarantee funding is used.
This question was answered on 4th March 2024
The Export Development Guarantee is designed to support lending to exporters for general working capital or capital expenditure purposes. There is no requirement to limit the use of such funds, but specific features of a transaction, for example if the Export Development Guarantee loan is intended for a specific investment, may make this necessary.