{"id":399660,"date":"2025-09-05T09:50:13","date_gmt":"2025-09-05T09:50:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/399660\/"},"modified":"2025-09-05T09:50:13","modified_gmt":"2025-09-05T09:50:13","slug":"surrey-aviation-business-soars-to-new-heights-with-ukef-backing-uk-export-finance","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/399660\/","title":{"rendered":"Surrey aviation business soars to new heights with UKEF backing | UK Export Finance"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>UK Export Finance announces support for multimillion-pound investment in market-leading aviation experts.<\/strong><\/p>\n<ul>\n<li style=\"text-align: justify;\">Loan guarantee from UK Export Finance enables 3TOP Aviation to secure a \u00a320 million investment to expand into growing overseas markets for sustainable aircraft aftermarket services<\/li>\n<li style=\"text-align: justify;\">The Leatherhead-based aviation specialist is to grow the UK arm of the business and create more jobs<\/li>\n<li style=\"text-align: justify;\">Latest action in the government\u2019s Plan for Change and in support of the UK\u2019s manufacturing sector as part of the Industrial Strategy<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">A market-leading aircraft trading and refurbishment specialist has secured multimillion-pound investment to meet growing international demand with support from UK Export Finance (UKEF) \u2013 the UK\u2019s export credit agency.<\/p>\n<p style=\"text-align: justify;\">Based in Leatherhead, 3TOP Aviation acquires mid-to-end-life aircraft and engines for onward trading, leasing and refurbishment. As part of their operations, they also dismantle aircraft and rebuild the associated components for onward sale to clients, helping to make the aerospace industry more sustainable.<\/p>\n<p style=\"text-align: justify;\">The company \u2013 which employs 18 staff in Surrey plus 16 outside the UK \u2013 aims to grow into new global markets and product lines such as new generation aircraft. As a result of the UKEF-backed financing, 3TOP Aviation is also planning to expand its UK workforce by 20% and relocate some of its warehouses in France and the US to a larger site in Leatherhead, bringing further benefits to the local economy.<\/p>\n<p style=\"text-align: justify;\">The financing has been secured with backing from UKEF issued under its General Export Facility. This guarantee enabled HSBC UK to provide a trade finance facility of up to \u00a320 million, supporting 3TOP Aviation\u2019s export growth.<\/p>\n<p style=\"text-align: justify;\">Gareth Thomas, Minister for Exports, said:<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">This investment shows how we are removing barriers to trade, unleashing the UK\u2019s exporting potential, to bring jobs, growth, and investment back to local economies like Leatherhead.<\/p>\n<p style=\"text-align: justify;\">Through our Trade Strategy, three landmark trade deals and Small Business Strategy, our Plan for Change is supporting businesses like 3TOP Aviation to expand abroad.<\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">Tim Reid, CEO at UK Export Finance, said:<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">3TOP Aviation\u2019s story shows how our support empowers UK businesses to create prosperity at home while growing their footprint internationally.<\/p>\n<p style=\"text-align: justify;\">Their impressive growth in turnover from \u00a33 million to \u00a370 million in just four years demonstrates the huge potential for British firms by tapping into global markets. That\u2019s where UKEF comes in: we\u2019re here to ensure that lack of finance never stands in the way of firms achieving their true export potential.<\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">3TOP Aviation brings more than 25 years of industry expertise to the sector, with international offices spanning the United Arab Emirates, United States, Singapore, Germany and India. In the last four years, 3TOP Aviation\u2019s business has boomed with revenue growing from a post-Covid low of \u00a33 million in 2021 to \u00a370 million in 2025.<\/p>\n<p style=\"text-align: justify;\">Chris Emechete, Managing Director of 3TOP Aviation, said:<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">We are delighted to have secured substantial funding from UKEF which helps strengthen our position as a leading UK exporter of commercial aircraft aftermarket services and allows us to further exploit new opportunities around the world.<\/p>\n<p style=\"text-align: justify;\">We are very active in the aviation market globally, so capital backing from UKEF, a major credit export agency with an impeccable pedigree and reputation, aligns perfectly with our growth plans and aspirations.<\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">Nina Stenning, Relationship Director at HSBC UK said:<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">3TOP Aviation is a longstanding and highly regarded HSBC Corporate Client. We are delighted to further support the business, which has gone from strength to strength since COVID, and implement a facility which significantly contributes toward their international growth plans.<\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">This announcement forms part of the government\u2019s Plan for Change to kickstart economic growth and raise living standards across the United Kingdom by supporting businesses to export and grow. The news follows the recent publication of\u00a0<a href=\"https:\/\/www.gov.uk\/government\/publications\/uk-export-finance-annual-report-and-accounts-2024-to-2025\" target=\"_blank\" rel=\"noopener\">UKEF\u2019s annual report &amp; accounts for 2024\/25<\/a>.<\/p>\n<p style=\"text-align: justify;\">Over the last financial year, UKEF provided a record \u00a314.5 billion in new financing, helping over 667 UK companies to export and grow and supported up to 70,000 jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"UK Export Finance announces support for multimillion-pound investment in market-leading aviation experts. Loan guarantee from UK Export Finance&hellip;\n","protected":false},"author":2,"featured_media":399661,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[48779,1306,23621,748,1881,51,11553,5027,14329,3386,34444,393,5493,474,4884,12522,137868,1144,5029,712,66,2536,16,137867,2739,15,1764],"class_list":{"0":"post-399660","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-arab","10":"tag-aviation","11":"tag-based","12":"tag-britain","13":"tag-british","14":"tag-business","15":"tag-ceo","16":"tag-change","17":"tag-chris","18":"tag-covid","19":"tag-director","20":"tag-england","21":"tag-export","22":"tag-finance","23":"tag-great-britain","24":"tag-hsbc","25":"tag-leatherhead","26":"tag-northern-ireland","27":"tag-plan","28":"tag-scotland","29":"tag-strategy","30":"tag-surrey","31":"tag-uk","32":"tag-ukef","33":"tag-united","34":"tag-united-kingdom","35":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115151072381070427","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/399660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=399660"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/399660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/399661"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=399660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=399660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=399660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}