Expanding into International Markets Using Export Finance – Plantmade

Plantmade, a plant-based haircare business founded by Ama Amo-Agyei, has successfully expanded internationally to markets such as the US, Nigeria, and Ghana. Despite starting with just £100, Amo-Agyei faced challenges in securing financing as a Black entrepreneur. However, with the help of UK Export Finance (UKEF), she was able to access working capital and manage the risks of potential non-payment through the government-backed guarantee offered by UKEF.

UKEF plays a crucial role in supporting businesses like Plantmade to unlock global markets by providing financial solutions that enable them to export their products with confidence. By offering government guarantees, UKEF helps mitigate the risks that businesses face when trading internationally, making it easier for companies to access the capital they need to grow and thrive in the global marketplace.

For entrepreneurs like Ama Amo-Agyei, UKEF’s support is invaluable in overcoming the barriers to exporting and expanding into new markets. By partnering with UKEF, businesses can access the financial tools and resources necessary to navigate the complexities of international trade and take advantage of opportunities to reach customers around the world. With UKEF’s assistance, businesses can tap into the full potential of global markets and achieve success on a global scale.