Ubifrance Finance
Ubifrance Finance, now part of Business France, was a crucial element of the French government's support system for international business development. Its core mission centered on helping French companies, particularly SMEs and mid-sized enterprises (ETIs), access financing solutions to fuel their export activities and international expansion. While it didn't directly provide loans or grants in most cases, Ubifrance Finance acted as a facilitator, a bridge connecting businesses with appropriate financial instruments and institutions.
The key services provided by Ubifrance Finance revolved around information, advice, and networking. They offered comprehensive information on export finance options, ranging from traditional bank financing to more specialized instruments like export credit insurance, factoring, and international leasing. This information was often tailored to specific industries and target markets, reflecting the diverse needs of French exporters.
Ubifrance Finance consultants provided personalized advice to companies, helping them assess their financing needs, understand the available options, and prepare robust applications for funding. This advisory role was particularly valuable for smaller companies lacking dedicated finance departments or experience in navigating the complexities of international finance. They often helped businesses understand the risks associated with international transactions and how to mitigate them through appropriate financial instruments.
A significant part of Ubifrance Finance's work involved building and maintaining a strong network of financial institutions, including banks, insurers, export credit agencies, and private equity firms. They regularly organized workshops, seminars, and networking events to connect French companies with potential funders. These events provided a platform for companies to present their projects and build relationships with key players in the financial ecosystem.
Ubifrance Finance also played a role in promoting French export finance solutions internationally. They worked with foreign governments and international organizations to create a favorable environment for French companies seeking to do business abroad. This included advocating for the use of French export credit insurance and other financial instruments in international projects.
Following the merger with Invest in France Agency to form Business France, these services were integrated into the broader range of support offered to French companies seeking international growth. While the "Ubifrance Finance" name is no longer explicitly used, the functions and expertise related to export finance remain a vital part of Business France's mission. The organization continues to provide advisory services, connect companies with financial partners, and promote French export finance solutions on a global scale, supporting the competitiveness and international success of French businesses.