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<p>As announced by my Rt hon Friend the Secretary of State for International Trade
in July, small businesses can now access government-backed export finance directly
from their banks. UK Export Finance (UKEF) has partnered with the five major high
street banks to provide small and medium-sized enterprises quicker and easier access
to its support. Businesses are now able to access UKEF’s support directly from their
bank without the need to apply separately. At the same time, businesses that do not
yet sell overseas, but supply exporters that do, will also be able to access UKEF’s
support, spreading the benefits of trade to smaller businesses across the UK.</p>
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