Export Finance Australia (EFA) is Australia's export credit agency. You could think of it, in simple terms, as a bank for Australian export businesses. Credit agencies were originally created by governments to help trading businesses manage the risks of international trade. When commercial banks and lenders were reluctant to finance international exports to riskier markets, export credit agencies would step in with loans, guarantees or insurance to ensure the trade could proceed. The activities of export credit agencies have expanded, particularly in the early 2020s, but supporting exporters is still a core mission of most agencies.
Australia's own EFA continues to provide loans and guarantees to exporters as well as financing for some types of infrastructure projects.
ACITI sat down with EFA's incredibly generous and knowledgeable CEO, Mr John Hopkins, to talk about what EFA is, what it does, and how it helps Australian exporting businesses.
Check out the recording HERE.
‘ACITI Info’ aims to make it easy to access information on Australia's trade and investment practice, profile, policies, programs and research. We provide snapshot summaries of key trade and investment topics relevant to Australia and links to places where you can find more information.
The ACITI website is a living source of information so don’t hesitate to challenge what you read here, tell us what we’re missing, and prod us for more information. We welcome your questions, suggestions and ideas for new content.
Export Finance Australia's website has a wealth of information on its products and services. It also has some super helpful resources including market profiles, and e-books on developing an export strategy and protecting your intellectual property. And if you need to speak to someone, EFA folks are keen to hear from you.