Export Finance and Insurance Corporation (EFIC)

Export Finance and Insurance Corporation (EFIC) is an Australian government agency that supports Australian companies in international trade. It provides financial services such as loans, guarantees, and insurance to help Australian exporters finance their sales and manage risks associated with overseas markets. EFIC aims to promote exports, encourage economic growth, and ensure Australian businesses can compete globally by reducing financial uncertainties and barriers. Essentially, EFIC acts as a financial partner that helps Australian exporters grow their businesses abroad with safety and confidence.