We provide assistance where a ‘market gap’ exists, which means commercial finance is unavailable or insufficient to meet your requirements. The transaction must be viable - financially, technically and commercially.
To apply for an overseas direct investment guarantee:
- you need to:
- demonstrate to Efic how the proposed overseas investment (for example, the establishment of a sales and marketing office overseas) will benefit your Australian-based business. For example, do your projections demonstrate that the investment will increase your export revenue?
- confirm to Efic that the proposed overseas investment will not result in a reduction in the number of your full time equivalent Australian-based employees.
- the borrower of the loan must carry on business in Australia. If appropriate for your circumstances and for financing the proposed overseas investment, you may choose to on-lend the borrowed amount to your overseas subsidiary.
Typically our clients have an existing relationship with a participating bank and have been operating for at least 2 years, preferably with export experience.
But if you do not meet these criteria do not hesitate to contact us to discuss your specific situation.