Export Finance and Insurance Corporation | Export Credit Agency (ECA) in Australia
Efic is Australia’s export credit agency and provides Australian exporters with a range of specialist export finance solutions to help them grow internationally.
A summary of Export Finance and Insurance Corporation
Summary video of Export Finance and Insurance Corporation and how it operates in Australia, Oceanic. Efic is the Australian Government’s export credit agency. We provide Australian businesses with finance solutions so they can grow their export business.
Export Finance and Insurance Corporation – Benefits of using an ECA in Australia
- Exporting or with a presence in international markets
- Part of an export supply-chain
- Starting to export or sell to overseas customers
Efic offers a variety of specialist export finance solutions. They work with businesses to find the right solution to support their international business goals.
From an online unsecured export loan to help with cash flow, to a multi-option facility that includes a longer term loan and performance warranty bonds – they will work with you so you can focus on growing your business.
Here are some solutions offered;
- Working Capital Solutions
- Bonds and Guarantees
- Unsecured export loan
- Project, corporate and buyer finance
Export Finance and Insurance Corporation was founded in 1957 as an Australian Export Credit Agency. Efic was established in its current form on 1 November 1991 under the Export Finance and Insurance Corporation Act 1991 (Cth) (the EFIC Act) as a statutory corporation wholly owned by the Commonwealth of Australia.
Efic’s role is to support the growth of Australian companies in their international activities by providing tailored financial solutions when the private market faces constraints.
Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio
Electronics – The circuit board, software and hardware markets have benefited huge growth as a result of consumer demand, find out about our electronics offering here
Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals
Are you an exporter based in Australia?
See our TFG Australia Export guide here.