Minister for Trade Simon Crean today welcomed the launch of a new website that will help Australian small and medium businesses find a way to finance their expansion offshore.
Export Finance Navigator (wwww.exportfinance.gov.au) is a brand new independent and comprehensive source of information on export finance.
“The website informs exporters not only about export finance tools in the commercial market, but also the grants and tax concessions available to exporters from federal, state and territory governments.” said Mr Crean.
“Navigator will provide a ‘one-stop-shop’ for exporters providing everything they need to know about trade finance and the Government assistance which is available to help them take their businesses into global markets”
“Small and Medium Enterprises (SME’s) make up the largest proportion of Australian businesses and of Australian exporters, this is about making the lives of small businesspeople that little bit easier” said Mr Crean.
The launch of the Export Finance Navigator website will be followed by a series of workshops for exporters run by EFIC and Austrade. The workshops will focus on the export finance solutions available at each stage of an exporter’s journey.
As the Australian Government’s export credit agency, EFIC helps Australian exporters and overseas investors to overcome financial barriers by providing finance, finance guarantees, insurance and bonding facilities.