Efic’s Small Business Export Loan is helping Intersective deliver its experiential learning software to a client in Vietnam.
NSW-based Intersective is an education technology company that builds software products and tools to help bridge the gap between learning and work, allowing universities to deliver work-integrated learning for their students and employers.
With a successful and growing domestic market, Intersective looked to expand overseas. Securing a long term licensing contract with a University located in Vietnam, the business faced the challenge of securing finance to support project delivery.
Efic’s Small Business Export Loan provided Intersective with a quick online solution. A fast application process and quick funds approval provided the business with the cashflow they needed to hire critical new staff. Intersective are now one step closer to being the world leader in experiential education technology.
How can Efic help you achieve export success?
We have a long history of successfully helping Australian small business exporters, and those in export supply chains, build their businesses overseas through products like:
Small Business Export Loan, an unsecured loan of up to $250K with an easy online application designed specifically for small business exporters needing finance to support a single export contract
Export Contract Loan, where Efic provides a loan to support a specific export contract, or multiple export contracts with different buyers
Export Working Capital Guarantee, where Efic provides a guarantee to your company’s bank if your company doesn’t have the assets that your bank requires as security to approve further working capital for an export contract
Bonding Facilities, including bonding lines and contract-specific bonds, that are used if your company’s bank can’t support the total bonding requirements for a specific project
Overseas Direct Investment Guarantee, where Efic provides a guarantee to an Australian bank so that the bank can approve the funding needed for your company to expand overseas.
Through our loans, guarantees, bonds and insurance products, we’ve helped many Australian exporters and subcontractors take advantage of new contract opportunities that may otherwise have been out of reach.