Small exporters adopting new Efic loan scheme

Small exporters adopting new Efic loan scheme

The importance of the Efic Small Business Export Loan scheme comes sharply into focus when considering the stretched cash flow of many exporters. Zonte’s Footstep, a winery in South Australia, uses Efics export loans. The company may not produce the massive volumes of the major wine makers but still sells more than 50,000 cases per year. “We’re on a sustainable growth rate of 20 per cent per year right now,” says managing director, Anna Fisher. “But we need finance to support the growth, especially since the largest growing part of our business is exporting.”

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