Overview

Export Finance and Insurance Corporation, also known as Efic, is the Australian's export credit agency. It is a self-funding statutory corporation, wholly-owned by the Commonwealth of Australia. Efic employs approximately 105 full-time equivalent staff and is headquartered in Sydney.

Export Finance and Insurance Corporation, also known as Efic, provides finance and insurance facilities which assist Australian businesses with overseas investment and export programs. Efic's products and services are divided into the following areas:

  • Small Business Export Loan - meets the necessities of small business exporters whereby most of the process can be completed online and within 7 business days.
  • Working Capital - is an export contract loan with a flexible loan structure that helps meet the requirements for SME exporters.
  • Working Capital Guarantee - can be offered to the clients’ bank if the client lacks the security the bank requires, to approve further capital.
  • Bonds - overseas buyers usually require Australian businesses to provide bonds (guarantees) as part of the export contract.
  • Letter of Credit - provides export contract payments.
  • Export payments insurance - offers medium-term export payment insurance.

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This Company Has Operations in the Following Industries:

Non-Depository Financing in Australia
General Insurance in Australia

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