Export Finance Insurance Corporation (EFIC) provides unsecured, government-backed loan solution with an easy online application and fast approvals for businesses with a turnover of more than $250,000.
If a business has export contract(s) or purchase order(s) with buyer(s) overseas, and their bank is unable to help, the loan could provide the business with the necessary funds to help the business secure the contract(s) and satisfy their cashflow needs.
This paper gives an overview of the Export Finance Insurance Corporation (EFIC) Small Business Export Loan and has been written under the following headings:
- Introduction
- Loan Amount
- Interest Rate
- Eligibility
- Ineligible Applicants
- Australian Content
- References
- Application Fees
- Repayments
- Applying
- Professional Advice