Veteran-led small businesses are about to find the door to international trade rather easier to push open.
UK Export Finance (UKEF), the government’s export credit agency, has today unveiled a partnership with specialist broker Finance for Forces designed to plug an awkward gap that has long frustrated former service personnel turning their hand to enterprise: getting the right finance, at the right moment, to chase orders overseas.
For the thousands of veterans who have built businesses since leaving uniform, the appetite to export is rarely in doubt. The cash flow to underwrite that ambition, however, has been another matter. Under the new arrangement, Finance for Forces, founded by Russell Lewis MC and Paul Goodman, will be able to introduce qualifying clients to UKEF’s suite of short-term products for smaller exporters, including working capital guarantees, bond support guarantees and export insurance policies. UKEF, in turn, will refer veteran-led firms back the other way where the fit is right.
It is a neat piece of joined-up government, and one that comes with a clear strategic backdrop. The collaboration is explicitly designed to support the Government’s Veterans Strategy, launched in November 2025, which framed the ex-service community as a national economic asset rather than a welfare line item, citing the leadership, discipline and operational nous that translate, with surprising frequency, into commercially robust SMEs.
Beyond the referrals plumbing, the two organisations will run information sessions and networking events aimed at demystifying export finance, an area that even seasoned founders can find labyrinthine. For veteran entrepreneurs, many of whom are scaling for the first time, that hand-holding is likely to matter as much as the products themselves.
Chris Bryant, Minister of State for Trade, said the partnership was about converting service into commercial reward. “Our veterans have shown extraordinary bravery and dedication in service to the nation, and their skills should be matched by real commercial opportunity,” he said. “This partnership will help turn entrepreneurial ambition into export success, helping veteran-led businesses reach international markets with the backing and confidence they deserve.”
Tim Reid, chief executive of UKEF, said the agency’s small business remit was central to the move. “Supporting small businesses to export and grow is central to UKEF’s mission. By partnering with Finance for Forces, we can reach more veteran-led businesses and help them access the finance they need to win international contracts, enter new markets and scale up with confidence.”
Paul Goodman, co-founder of Finance for Forces, was perhaps the bluntest on the practical problem the deal is meant to solve. “Veterans bring leadership, resilience and a mission focus to business, but navigating commercial finance can be challenging,” he said. “This partnership with UKEF will help veteran-led firms understand their options and access the backing they need to develop exports and accelerate growth.”
For UKEF, the announcement sits within a broader push to shed any lingering reputation as a facility primarily for the corporate heavyweights. The agency has spent recent years recalibrating towards SMEs in every corner of the country, promising faster response times and more targeted support irrespective of location, size or ownership. Bolting on a dedicated channel for the veteran business community, a constituency with a particularly strong record on resilience and follow-through, looks, on the face of it, like a sensible bet.
Whether the partnership translates into a meaningful uplift in veteran-led export volumes will depend, as ever, on awareness and execution. But for founders who have spent years wondering whether the export financing system was really built for businesses like theirs, the answer just got a little more encouraging.
Read more:
UKEF teams up with Finance for Forces to put veteran-led exporters on the global map
