201410.08

EFIC’s renewed focuon SMEs to boost jobs and growth

Australia‚Äôs Export Finance and Insurance Corporation (EFIC) will be refocused to increase its capacity to finance small and medium sized businesses seeking to capitalise on global trade opportunities. Traditionally, SMEs find it more difficult to secure export finance through banks, particularly when exporting to emerging markets. Under CEO Andrew Hunter, EFIC has been focused on…