FINANCING YOUR NEXT CONTRACT
The Efic Option
June 2015
Who is Efic?
A specialist financier that delivers simple and creative solutions for Australian
companies – to enable them to win business, grow internationally and achieve export
success.
 100% owned by the Government of Australia (AAA rating)
 Fills ‘market gap’ when commercial finance unavailable/insufficient
 Role complementary to commercial lenders
 Customers range from SMEs to large listed companies
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How does Efic assist ?
TRADITIONAL
EXPORTERS
COMPANIES
INVOLVED IN GLOBAL
SUPPLY CHAINS
COMPANIES
EXPANDING
OFFSHORE
Bonds
Direct loans
Working Capital Guarantees
Term Debt
Bonds
Working Capital Guarantees
Term Debt
Direct Loans
Guarantees to support
Australian companies
establish operations
overseas
Who can we support - Guidelines
 Australian SMEs with at least two years trading history
 Some performance track record
 Needs at least $100k in funding
 Australian content
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Case study
Marand Precision
Engineering
Customer:
Marand is a leading global supplier of precision
engineering solutions to the mining, automotive,
aerospace, defence and rail industries.
Need:
Marand needed to provide performance and
warranty bonds to support new contracts with BHP
Billiton Iron Ore and Hamersley Iron Ore.
Result:
Our bonding line covered Marand’s contractual
obligations and allowed it to secure these two
important contracts.
Industry:
Country:
Product:
Efic support:
Manufacturing
Australian companies in a global supply chain
Performance and warranty bond
A$10.7 million
Case study
GCo Electrical
Customer:
GCo is an electrical contractor that specialises in
industrial contracting, electrical infrastructure,
ongoing maintenance services and labour hire.
Need:
GCo needed to supply warranty bonds for its
contract with Karara Mining, which will produce
magnetite iron ore for export.
Result:
Our warranty bonds covered GCo’s contractual
obligations, helping it deliver on one of its
biggest projects.
Industry:
Country:
Product:
Efic support:
Mining and mining services
Australia
Warranty bond
$900,000
Case study
Precision Mining Camps
and Services
Industry:
Country:
Product:
Efic support:
Construction
Australia
Export working capital guarantee
A$1.5 million
Customer:
Precision is a privately-owned company that provides
accommodation and services for remote workforces
in the resources, and oil & gas industries.
Need:
Precision needed additional working capital to
build administration and control buildings for the
operation of the Roy Hill mine.
Result:
Our export working capital guarantee allowed
Precision’s bank to approve the funding
Precision needed to deliver on this contract.
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Case study
FIRM Construction
Customer:
FIRM is a commercial construction contractor in
the government, commercial, industrial, rail and
mining sectors.
Need:
FIRM needed to supply a bond to support a
contract to supply new facilities to a German
mining machine manufacturer.
Result:
After a referral from FIRM’s bank, our bond
facility helped to support this project and other
mining-related contracts.
Industry:
Country:
Product:
Efic support:
Construction
Australia
Bond facility
$5 million
Three reasons to work with Efic

We can go further than your banks by backing your performance.


We issue bonds for eligible contracts with less cash security than the banks

Our finance support enables your company to grow to the next level
Who to contact ?
Leela Hanson
State Director for SME – WA, SA and NT
Phone: 08 9325-7872
Email: [email protected]
Tegan Davies
Associate Director for SME – WA
Phone: 08 6365-4102
Email: [email protected]
Disclaimer
This material (Information) has been prepared by Efic for information purposes only.
It is in summary form and is therefore not necessarily complete.
It is not an offer by Efic to make available to any party any of the financial products referred to in the
Information (Products) and the Information must not, in any way, be construed as specific or general
advice in respect of any Products. A person or entity should seek their own advice as to the suitability of
any Products for their own financial or tax circumstances. Whilst reasonable care has been taken to
ensure that the Information is not untrue or misleading, no representation is made as to its accuracy or
completeness and no liability is accepted for any loss arising from reliance upon the Information.
In accordance with applicable exemptions, Efic is not required to hold an Australian financial services
licence nor is it regulated by the Australian Prudential Regulation Authority in connection with any of the
Products.