Access finance options for your wine business
Wine businesses looking to expand globally can find cashflow management a challenge. With upfront payment of grapes, long payment terms, and an even longer product life cycle wine businesses have specialised needs when it comes to financing.
At Efic, we can help Australian wine exporters get finance when their bank may not be able to assist. Whether you need a cashflow boost to pay for your grapes, bottle your product, or transport your consignment, you’ve got options with Efic.
Easing the pressure on cashflow with Efic’s Small Business Export Loan
Our Small Business Export Loan helped South Australian wine business, Zonte’s Footstep increase its exports into Canada.
An increase in orders from the Liquor Control Board of Ontario has made Zonte’s the second largest imported brand in the ‘vintages’ segment. Increased orders, cashflow pressures and with their bank unable to provide further assistance, Zonte’s needed an alternative source of financial support.
Efic’s Small Business Export Loan provided Zonte’s with the flexibility to apply online and set up repayment terms suitable for their business. With access to finance in as little as 9 business days, Efic’s support helped Zonte’s move forward on its path of export growth.
Do you need quick access to finance to pay for your grapes?
Our Small Business Export Loan could be the solution.
Setting your business up for export success
Exporting your wine can be a long and tricky business. Understanding the steps you need to consider when growing your exports can be critical to your success.
To help, our Growing your wine exports eBook provides information and advice around some of the key challenges Australian wine exporters face when looking to grow internationally.