Natwest and RBS launch free Exporters Package
NatWest and RBS have launched an Exporters Package, to help support the upturn in UK businesses looking to sell their goods and services abroad.
The package offers UK businesses a free exporter review, helping them to identify new opportunities for growth, yet maintain a healthy cash position.
The review will cover issues such as:
- Analysis of the countries to which they currently sell, or are planning to
- Review of the company’s credit and risk management processes
- Buyer credit and collection assessment
- Current funding structure analysis and recommendations
Mark Andrews, Managing Director, Business & Commercial Banking for the East of England said: “Exporting can seem a complex activity with a lengthy order to cash cycle, and we’re here to help simplify the process and offer all the support we can. In addition to having a strong product that appeals to overseas markets, you need to be able to assess your prospective customer’s credit standing as well as cross-border collection risks. You also need to have a strong understanding of the specific risks you face in exporting. That is why we have developed a dedicated suite of materials and services that provides exporters in the East of England with all the information they need to be successful.”
In total, there are 48,500 companies in the UK exporting, of which over 5,000 (11.08%) are based in the East of England.
The free Exporters Package covers the main risks exporters face, the solutions available to help them to manage these, together with details of a range of funding products for pre-shipment and post-shipment financing, and online tools that improve visibility and control over the financial aspects of export transactions.
RBS has a presence in over 35 countries, including the major trading economies worldwide, as well as an extensive partner bank network. With more Certified International Trade Advisors than any other UK bank, its industry expertise on the ground enables UK companies to build secure and profitable relationships overseas. RBS also recently increased its credit risk appetite by extending its invoice finance offer to over 50 approved countries and trade finance to over 80 countries, including many of the UK’s top export destinations.
To receive your free copy of the new NatWest and RBS exporting brochure, entitled ‘Maximising your international potential’ and to find out more about the Exporter Package, log on to www.natwest.com/exporter or call 0845 603 9387.
Posted by: Natwest
