Financial Services

EFIC helps Australian exporters to keep working capital flowing
ES&S were in the running to win a lucrative contract with a major Chinese client. The challenge was they had to supply bonds to the value of 50% of the contract. For an SME pushing for rapid growth, tying up that much working capital could stifle further business development. That’s when ES&S’ bank suggested they talked to EFIC. read more


Bonding support for Australian exporters
Bonding support for Australian exportersContract bonds, such as advance payment, performance or warranty bonds, are a basic requirement of many international tenders. If an exporter can’t provide the bond, they can’t compete for the contract. However, the value of the bond required may be a significant percentage of the contract value. To issue the... read more


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