In light of a tighter credit market for small business, Travelex Global Business Payments has doubled the foreign exchange trading lines offered to SMEs involved in exporting.
Export Finance and Insurance Corporation (EFIC), the Australian Government’s export credit agency, has provided working capital support to Urban Art Projects (UAP), the Brisbane-based exporter that won the contract to design and fabricate major sculptures for the main entrances to Shanghai World Expo 2010.
EFIC will help film and television companies increase their cash flow, unveiling its plans to provide its first Producer Offset loan to Rock Island Productions
EFIC has given a $1 million export working capital guarantee to Sydney-based company Viocorp, as part of its recent agreement with ANZ
ANZ and the Export Finance and Insurance Corporation (EFIC) have signed a new agreement to assist Australian exporters with financing requirements.
Park Assist Pty Ltd, a global leader in parking guidance, bay sensing and parking enforcement, has secured its first contract with a US government authority with backing from Export Finance and Insurance Corporation (EFIC). The company was awarded a US$780,000 contract with the City of Seattle to provide an electronic parking guidance system (EPGS) for […]
This month’s issue of EFIC’s newsletter, World Risk Developments, discusses an interesting tension that has arisen in the world economic outlook. Many leading and coincident indicators of national and by extension world economic activity are delivering moderately pleasant surprises, prompting forecasters to upgrade their guesstimates of growth for 2010 and 2011. Yet at the same […]
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