EFIC's Technology, Manufacturing & Services team works closely with clients across a wide range of industries to help them grow their increasingly important export businesses. 

A growing number of overseas buyers in the manufacturing and services sectors are now requiring exporters to supply them with bonds as security for advance payments or in support of their performance obligations under a contract. 

EFIC's support for Australian companies in this sector over the past year confirmed this. All EFIC's transactions in this sector involved the provision of bonding facilities to overseas buyers in countries such as Malaysia, Japan, Bahrain and the United States.

Likewise, EFIC is active in most sub-sectors of the technology industry with transactions in the past year including the provision of a direct loan to an Indonesian bank to support the export of a core banking software package by an Australian software specialist.

EFIC also provided unfair bond calling insurance to cover an exporter implementing an air traffic management system in Vietnam and two bond facilities for an overseas buyer of a weather observation system and meteorological data processing system in Kuwait.

How can EFIC help you?

With EFIC as a financier to your project, you can take advantage of:

• a specialist team of industry experts who know and understand your business;
• innovative solutions with competitive terms and conditions, tailored to meet your particular needs; and
• a straightforward and easy application process.

Finance and insurance options

EFIC offers a range of products but those that would be most relevant to your export business are:

• Export Payments Insurance
• Bonds and Related Guarantees
• Direct Loan
• Export Finance Guarantee
• Documentary Credit Finance and Guarantee

Eligibility for these products is based on your proposal meeting our usual underwriting criteria.

EFIC's Technology, Manufacturing & Services industry specialists are:

NSW, QLD, SA and NT
Colin George
Telephone: +61 2 9201 2146

WA, ACT, VIC and TAS
Leela Hanson
Telephone: +61 2 9201 2225

 

More Information EFIC will make an offer of finance following an overall assessment of a transaction. Any offer of finance will comply with the OECD Arrangement, and consideration will also be given to our policies on: Australian content; Australian benefit; and  environmental protection. For further information on eligibility, contact us at finance@efic.gov.au or call us on 1800 887 588 between 8.30am - 5.30pm, Monday to Friday (Australian Eastern Standard Time), or if outside Australia on +61 2 9201 2111.