New export loan to Improve access to finance for small business

摘要

Small businesses will find it easier and quicker to access the finance they need to support their products and services exports, with the new Small Business Export Loan launched by Efic, Australia's export finance agency. The Small Business Export Loan is intended to improve convenience, increase approval speed and provide greater flexibility for Australian small businesses seeking finance to support export contracts. The loan product will enable small and medium-sized businesses with an annual revenue between $250,000 and $5m to access up to $250,000 to support an export contract. The loan will be available to small exporters when their main bank is unable to help.