Our Bond Facility is available to first time or experienced exporters, and companies in an export supply chain, with an annual turnover of less than A$150 million.
We can only approve a Bond Facility if you have been unable to secure the issuance of a bond from your bank to support your specific export-related contracts or purchase orders.
How our Bond Facility works
|Step1||Export contract||You enter into a contract with your overseas buyer or a company in an export supply chain.|
|Step 2||Application||You apply for bond(s) with us.|
|Step 3||Security||You provide security to us.|
|Step 4||Bond approved||We issue the bond(s) directly to your buyer.
|Step 5||Bond provided to bank||If your buyer requires your bank to issue the bond, we provide a guarantee to your bank for the value of the bond and your bank issues the bond to your buyer.|