As Australia’s export credit agency, Export Finance Australia provides a wide range of finance solutions to support mining and construction services businesses to secure Australian-based, export-related contracts or fulfil contracts with international clients.
With offices right across Australia, the team at Export Finance Australia takes the time to get to know its customers to help support their growth. Utilising its bonds, guarantees and loans it strives to find the right solutions for every business.
Whether you need a bond to secure a contract, a guarantee to access more finance from your bank or a loan to cover costs associated with upfront mobilisation or material purchases, Export Finance Australia is there to help.
Working with your local expert, you could get the support you need to take your business to the next level.
Secure larger contracts
Bonds are often a prerequisite for large contracts. Export Finance Australia could support your business to meet the security requirements you need to win larger projects and deliver on your contracts. It can provide a bond directly to your buyer or support a bank-issued bond.
Customer case study: Alltype Engineering
Utilising both performance and warranty bonds from Export Finance Australia, Alltype Engineering secured contracts with APA group and Lynas Rare Earths. Prior to this, Alltype Engineering’s largest contract was circa $40 million, but this jumped to $145 million with bonding support. Read more here.
Access the additional finance you need
Guarantees enable your business to access additional finance from your bank. Export Finance Australia could provide your bank with a guarantee to deliver an export-related transaction, access finance for pre/post shipment finance or expand your business internationally.
Customer case study: Senex Energy
Senex Energy secured more finance from its bank to help fund the $400 million ongoing costs to develop the Western Surat Gas Project and Project Atlas using Export Finance Australia’s guarantee. Read more here.
Unlock your cash flow
Delivering larger contracts can often mean significant upfront costs, putting pressure on your cash flow for ongoing operations. Export Finance Australia provides loans to support businesses for a wide range of finance needs, such as upfront mobilisation, cover materials costs and general working capital requirements for contracts.
Customer case study: Marr Contracting
Marr Contracting was awarded a construction project in Turkey for the world’s largest span suspension bridge. To deliver the project whilst maintaining growth in other areas of the business, Export Finance Australia provided finance to support. Read more here.
If you would like to learn more about the options for your business or how Export Finance Australia could help, call 1800 093 724 or visit https://www.exportfinance.gov.au/supplychain.
