• Expanding Overseas
At Peerless Plastics & Coatings, we specialise in the production and application of hard coatings for plastic, supplying and giving advice to customers across a wide range of industries, including aerospace, rail, automotive, construction and healthcare. We offer flexible, bespoke solutions to all our customers the world over with plans for further overseas expansion.
Following an order from a Polish manufacturer to coat lamp covers, their buyer requested credit terms, at which point, we at Peerless made the decision to protect ourselves against the risk of non-payment. Securing adequate cover from the private sector proved difficult, consequently we turned to UKEF, who provided an export insurance policy.
Peerless were kindly introduced to UKEF by the Department for International Trade following a visit from International Trade Secretary, Elizabeth Truss MP.
Peter Llewellyn-Stamp, Managing Director
“Without UKEF’s support we would have been unable to proceed with this important win and their insurance policy was crucial to ensuring the successful completion of this contract. Their support will continue to be crucial as we look expand our overseas footprint.”
Read our case study on the government website here.