FEAR of not getting paid for goods and services is the biggest barrier to exporting, a survey had revealed.
However the study by NatWest and RBS shows that 28% of non-exporting firms in Yorkshire and the North East are confident that their products and services would sell abroad.
The Eurozone crisis hasn’t stopped businesses looking at Asia and emerging markets as attractive options – with 43% in Yorkshire and the North East claiming they see opportunities in these regions.
But 52% of all UK businesses surveyed claim they are ill-informed of funds available to support export.
NatWest and RBS are providing a free half-day consultation to advise exporters on various forms of payments available to them to successfully trade overseas.
The event – Export 360 – will provide aŠcomprehensive review of their business and assessment of their day-to-day international arrangements.Š
Experts will provideŠbespoke analysis of banking operationsŠandŠoffer solutions thatŠcould help maximise exporting potential.
Aidene Walsh, head of UK Global Transaction Services at RBS, said: “Despite economic uncertainty, businesses are still hungry to trade overseas and 65% of them feel it is vital to economic recovery.
“The lack of tools and knowledge are clearly a hindrance and we are here to help them to take a leap into the exporting market.”
Companies can sign up to Export 360 by visiting www.natwest.com/export360 or www.rbs.co.uk/export360