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Guarantees

We’ve outlined some of the key points you need to consider when applying for an Efic guarantee.

For more information on loan terms and conditions, click here.

 

Guarantees and Overseas Direct Investments

Overview A guarantee from Efic to enable your bank to approve further finance that can be drawn down for export-related transactions or expanding your business overseas.
Who is eligible?
Revenue last financial year Over $250,000
Guarantee options 
Guarantee amount From $100,000
Establishment time From 4 weeks
Currencies available       
Redraw functionality 
Online application
Guarantee terms and rates 
Interest rates Determined by bank
Repayment structure Determined by bank
Utilisation fee 4% - 6% p.a.
Efic repayment structure Quarterly interest, principal based on contract
Application fees 
  $5,000 or 1% of the total loan (whichever is greater)
Other fees and charges apply, including utilisation and documentation fees
Contact us 
   Email us
   Call 1800 093 724

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