On 28 September 2026, HM Treasury reported plans for a new UK Export Finance (UKEF) pilot product, Flexible Finance, intended to encourage select buyers in fast-growing economies such as Brazil, Morocco and Mexico to buy British goods and services. Under the plans, those buyers would access loans on more flexible terms, giving them greater flexibility in how they use funding while encouraging them to work with UK suppliers.

The report said UKEF guarantees up to £5 billion in total under the pilot would cover up to 80% of a commercial loan for select overseas buyers, and UKEF would engage UK suppliers through matchmaking and procurement support. Chancellor John Healey MP said the government was backing British businesses to strike more deals overseas; Business Secretary Jonathan Reynolds said the scheme was intended to open new markets.

The Treasury described the pilot as part of the government's "Backing Britain" priorities and as the latest addition to UKEF's offering following a defence export facility launched in June, which it said increased capacity for supporting defence exports by £50 billion. These were plans reported at that date; the source did not state that any guarantees had been issued.