Buyer finance 

Buyer finance 

A finance package which enables an overseas buyer to purchase your goods and services with funds from a financial institution can be very appealing for the buyer. Two forms of buyer finance are available with Efic’s support: a direct loan and an export finance guarantee.

Buyer finance doesn’t just benefit the buyer; it can also help you finance an export contract. Under a direct loan facility, Efic lends funds to your overseas buyer. In an export finance guarantee, a bank lends funds to your buyer and Efic provides a guarantee for the buyer’s payment obligations. In both facilities, at the buyer’s direction the lender (Efic or the bank) may advance the loan funds to you as export contract payments. These loan disbursements provide working capital which you can use to finance your export production.