FIAL and Efic partnership

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Food Innovation Australia Limited (FIAL) renews its partnership with Efic, Australia’s export credit agency.

The sponsorship and ongoing partnership between FIAL and Efic is aimed at helping Australian food and agribusinesses secure finance to access new export markets.

Efic provides a range of export finance solutions to Australian small and medium enterprise (SME) exporters and those in an export supply chain.

FIAL is working closely with Efic to raise industry’s awareness of new export opportunities, whilst also helping businesses understand how Efic’s range of loans and guarantees can help them take advantage of these opportunities.

FIAL Managing Director, Mirjana Prica, said, ‘With the growing Asian middle class, Australia is in the box seat to take advantage of the growing number of emerging export opportunities . Asian consumers are looking for differentiated products that cater to their needs. This is especially exciting for many SME Australian food and agribusinesses, who have the flexibility and agility to respond with customised and niche products.”

“For any business looking to access a new market, there are financial considerations and Efic is able to offer solutions to meet SME’s financial needs,” says Prica.

Efic Managing Director and CEO Andrew Hunter said, ‘It is a very exciting time for Australian food and agribusinesses, with the many opportunities presented in Asia. We’re pleased to be working closely with FIAL to not only raise the awareness and capability of Australian food and agribusinesses, but also to help SME exporters in the industry with a range of solutions to assist them win more business, grow internationally and achieve export success.’

Businesses looking to increase their export knowledge, capabilities or connections should visit www.fial.com.au for further information.