Export Finance and Insurance Corporation (EFIC) is a specialised financial services organisation supporting Australian businesses exporting and investing overseas by providing finance, guarantees, insurance and bonding facilities. EFIC has formed a partnership alliance with the Chamber of Commerce and Industry of Western Australia to promote EFIC services and facilities in Western Australia.

As the Australian Government’s self-funding export credit agency, EFIC operates beyond the limits of the commercial market.  It provides the support Australian companies need when financial, country or industry risks exceed the capacity available in financial markets.

EFIC does not compete with the commercial market, but collaborates with it to improve the competitiveness of Australian companies.

EFIC’s network extends beyond traditional commercial sources to global export credit and multilateral agencies and Australian Government agencies.  This can give exporters a competitive advantage in growing their international business.

EFIC’s clients benefit from:

• extensive expertise gained from 50 years working on complex financial transactions
• a relationship with professionals who have substantial industry and international experience
• innovative financing tailored to individual export or overseas investment needs
• flexible and competitive terms
• working with an organisation that has a number of international alliances
• access to export and investment opportunities in riskier or more difficult markets
• secure financing, as EFIC’s obligations are guaranteed by the Commonwealth of Australia

EFIC offers a range of financing facilities for Australian exporters including:

• Direct Loans
• Export Finance Guarantees
• Bonds and US Bonding Line
• Documentary Credit Finance and Guarantees

In addition, EFIC offers the following insurance facilities to protect Australian investors overseas and their financiers against risks that could affect a project's financial performance:

• Political Risk Insurance
• Medium-Term Export Credit Insurance
• Unfair Bond Calling Insurance

EFIC also has a new product, EFIC Headway, for small to medium-sized enterprises (SME).  EFIC Headway has been designed to meet the needs of SME exporters who face a working capital shortage while growing their business.  The product is a guarantee from EFIC to a bank.  It provides security to a bank to enable it to lend additional funds to eligible SME exporters without requiring additional security.

Contact:

Export Finance and Insurance Corporation
Toll free: 1800 887 588
Email: info@efic.gov.au
Website: www.efic.gov.au

EFIC has formed a partnership alliance with the Chamber of Commerce and Industry of Western Australia to promote EFIC services and facilities in Western Australia.

Chamber of Commerce and Industry of Western Australia
International Trade Centre
180 Hay St
EAST PERTH   WA   6004
Tel: (08) 9365 7620
Fax: (08) 9365 7616
Email: trade@cciwa.com