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Exporters' package to boost products sold abroad by South West firms (From Business in Dorset)
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Exporters' package to boost products sold abroad by South West firms
9:00am Friday 5th February 2010
NATWEST and RBS has introduced an exporters' package to boost the number of products sold abroad by South West firms.
Between the second and third quarters of 2009 the value of exports from these firms dropped by £236m compared to a national rise of one per cent.
The average value of goods sold abroad per exporter in the South West also decreased by two per cent during the same period, to just over £695,000 while nationally, there was a six per cent increase.
Paul Marston, managing director for NatWest and RBS Business and Commercial Banking in the South West, said: “Exporting can seem a complex activity with a lengthy order to cash cycle, and we’re here to help simplify the process and offer all the support we can.
“In addition to having a strong product that appeals to overseas markets, you need to be able to assess your prospective customer’s credit standing as well as cross-border collection risks.
“You also need to have a strong understanding of the specific risks you face in exporting. That is why we have developed a dedicated suite of materials and services that provides exporters in the South West with all the information they need to be successful.”
