Repeat Order Guarantee
Source: gov.uk (2025-09-22)

Find out about our Repeat Order Guarantee: its benefits, eligibility criteria and how to apply.

The Repeat Order Guarantee covers a loan with a pre-agreed credit limit to an overseas buyer to finance the repeat purchase of goods, services and/or intangibles from a UK supplier. The loan can be drawn upon for up to 4 years.

How it works

Step 1: An international buyer that has an ongoing trading relationship with a UK exporter may be seeking a loan from a bank to cover repeat orders but be unable to secure the amount required.

Step 2: We can provide a guarantee to the buyer’s bank so that the buyer can secure the loan – as long as at least 20% of the contract value is sourced from UK suppliers.

Step 3: Once the goods or services have been provided to the international buyer, the UK supplier can be paid from the loan immediately, while the buyer repays those drawings over a period of up to 24 months, depending on the agreement between UKEF, the buyer and the bank.

Benefits
- The supplier is paid as soon as the goods have been shipped and/or services performed, subject to the terms and conditions of the loan agreement and that loan continuing to be made available to the borrower.
The buyer or borrower:
- can forecast how many orders they may need and obtain a pre-approved credit limit, providing certainty of finance
- makes one application to cover repeat orders, facilitating a continuous trading relationship
The financial institution receives a guarantee from us for the amounts due under the loan.

Eligibility criteria

The transaction must satisfy UKEF’s eligibility criteria, which includes the requirements that:

at least 20% of the contract value must be UK content

the financial institution must be acceptable to us

the supplier must be carrying on business in the UK

All transactions supported by UKEF must satisfy:
- our foreign content policy (https://www.gov.uk/government/publications/ukefs-approach-to-foreign-content)
- our anti-bribery and corruption (https://www.gov.uk/guidance/uk-export-finance-financial-crime-compliance) and environmental, social and human rights due diligence processes (https://www.gov.uk/guidance/ukef-environmental-social-and-human-rights-risk-management)
The transaction may not be supported if there are sanctions imposed on the country of the buyer or borrower.

The maximum amount that can be made available under the facility is 85% of the contract value. A minimum of 15% of the contract value must be paid directly to the exporter by the buyer before the facility can be used.

Cost

The premium payable for our cover is determined on a case-by-case basis.

How to apply

UKEF works with a range of financial institutions to deliver this support.

To find out more about the Repeat Order Guarantee or to discuss eligibility for our support, contact our customer services team.

Contact xxx@xxx.xx (mailto:xxx@xxx.xx) or call xx-xxxx-xxxx.

Application form and product documentation

Check our country cover position (https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fguidance%2Fcountry-cover-policy-and-indicators&data=05%7C02%7CJosh.Bloom%40ukexportfinance.gov.uk%7C6d7cefe07d62499f8ec208ddefadb3c8%7C8084138e9400409ea6da46b5281e0b0a%7C0%7C0%7C638930251602020718%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=ly1FIFI93aM9N0KuhBG%2FX4Qf1f%2BHYgyXQRiMLDXydVg%3D&reserved=0), and make an application.

Repeat Order Guarantee Application Form (https://draft-assets.publishing.service.gov.uk/media/68cd643ba1e4472207995deb/Repeat_Order_Guarantee_Application_form__2_.pdf)

More information
- Read our guide for applicants on business processes and factors (https://www.gov.uk/government/publications/processes-and-factors-in-uk-export-finance-consideration-of-applicants), to find out how we make decisions on applications
- Read our position on Financial Crime Compliance (https://www.gov.uk/guidance/uk-export-finance-financial-crime-compliance)