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 your business cashflow
As a micro wine business, Evoi Wines' main challenge is managing cashflow when new orders come in.
The business successfully secured a new export order from Jamaica. With payment lead times of up to 14 weeks after delivery, having access to cash pre-shipment to help support order delivery was critical.
With Efic’s unsecured loan Evoi Wines was able to pay for duties, fees and shipping.
Manage your cashflow
Efic's export finance solutions give you:
- Access to fast unsecured loans up to $350K
- Longer term loans or a line of credit for amounts greater than $350K to help you invest in your business
- Guarantees to your bank to help you secure working capital.
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.