Financial Institutions

Product Terms and Conditions
Banks - EFIC Headway
Industry Sectors
Case Studies
Banks - EFIC Headway

EFIC Headway is a unique bank and EFIC partnership

This is a dedicated page for bank Relationship Managers to access the EFIC Headway eligibility and guidelines.

About EFIC

EFIC – the Australian Government’s export credit agency – has been supporting Australian businesses internationally for 50 years by providing finance, finance guarantees, insurance and bonding facilities.


About EFIC Headway

  • EFIC Headway is a guarantee from EFIC that provides additional security to a bank to enable it to lend additional funds to an eligible small to medium-sized exporter (SME).

  • The bank’s core security continues to support its core funding, whilst EFIC Headway covers the additional amount.

  • EFIC Headway supports general export funding rather than a specific export transaction or contract.

  • A typical client would be an established, profitable SME seeking to grow its export business.


Transaction process for banks

The EFIC Headway process is easy to follow, to see how to complete a transaction please view our process guide >


Customer guidelines

To see if your customer is eligible for EFIC Headway refer to customer eligibility guidelines below:

If you answer YES to the above questions then the customer may be eligible for EFIC Headway. This however, is subject to your credit approval and then recommendation by you to EFIC.

If you answer NO to any of the above questions CALL EFIC for clarification and assistance, as exceptions to the guidelines do apply. Exceptions cannot be granted, however, where the customer is a publicly listed company or is not an exporter, or where there is no existing or proposed lending facility.

Pricing and terms

  • The EFIC Headway fee is 4% to 5.5% for a 12 month term depending on the customer’s risk grade.

  • EFIC Headway is available for 3, 6, 9 and 12 month terms and is renewable.

 

 
Recent EFIC Headway transactions

MH Waters Pty Ltd

With the support of the EFIC Headway facility, MH Waters Pty Ltd is tapping into the lucrative US bottled water market with a simply but aptly named product, Tasmanian Rain®. ...read more>

Read about other SMEs who have grown their business using EFIC Headway >



Contact EFIC

Export Finance and Insurance Corporation
Business Development
Ph: +61 2 9201 2111 or 1800 093 721

We appreciate your feedback on EFIC Headway ... here>

 


Participating Banks

       
         

 
top 
Tools & Utilities
Print page
Resize: A | A | A | A
Resources
EFIC Headway fact sheet
Transaction process guide
EFIC Headway brochure
Newsletter subscription
| Terms and Conditions| Privacy Policy| Accessibility| Online Action Plan| Dept. of Foreign Affairs and Trade| Minister for Trade
© 2006 Export Finance and Insurance Corporation ABN 96 874 024 697