New export facility improves access to finance for Australia’s SMEs

SYDNEY - Australia’s export finance agency, Efic, has launched a new Small Business Export Loan facility which will enable small and medium-sized businesses with annual revenue between AUD250,000 and AUD5 million to access up to AUD250,000 to support an export contract. The loan will be available to small exporters when their main bank is unable to help.

The Small Business Export Loan has been developed to meet the needs of small exporters, with a focus on convenience and speed throughout the application and approval process.